The Menlo Park’s firm retained Morgan Stanley and may receive the support of Apollo Global Management, KKR, Brookfield, Carlyle, and Pimco for financing its AI and data centers investments, The FT says.
Nasdaq-listed Meta, the owner of Facebook and Instagram that ceo Mark Zuckerberg heads, hired Morgan Stanley for raising 29 billion US Dollars for financing its proprietary AI and the development of US-based data centres, The Financial Times reported on 27 June, Friday. The company is holding talks with private credit giants Apollo Global Management, KKR, Brookfield, Carlyle, and Pimco for attracting equity for 3 billion and financing facilities worth 26 billion.
In May 2025, Meta increased its capital expenditure forecast for the entire year by up to 10% for a total of 64 – 72 billion US Dollars for financing further investments in data centres, artificial intelligence and the increasing costs for infrastructural hardware (press release).
In June 2025, Meta said it acquired 49% of data labelling startup ScaleAI for 15 billion US Dollars on the ground of an enterprise value of 29 billion (press release and Axios statement). Alexandr Wang, the target’s founder will head Meta’s “Super Intelligence” Team.
Meta also signed with Nasdaq-listed Constellation Energy a 20-year agreement starting in 2027 for purchasing the nuclear energy. Clinton Clean Energy Center, an Illinois’ plant, will supply 1.121 MW of zero-emissions nuclear power (press release). Meta also signed four agreements with Invenergy, a portfolio company of Blackstone and CDPQ, for purchasing 791 MW of solar and Aeolian energy (press release; press release).
