Meta, xAI Starting Trend for Billions in Off-Balance Sheet Debt
PositiveTechnology

Meta Platforms Inc. has recently secured around $60 billion in capital to enhance its data centers, a strategic move to lead in the artificial intelligence sector. Notably, half of this funding will not be reflected as debt on its balance sheet, allowing the company to invest heavily without the immediate financial burden. This development is significant as it highlights Meta's commitment to innovation and its competitive edge in the rapidly evolving tech landscape.
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