Meta Platforms is transferring ahead with plans to contain exterior companions in funding the event of AI-related infrastructure, Reuters reported. As a part of the technique, the corporate introduced its intention in a submitting to promote $2bn in information centre belongings.
The transfer follows Fb-parent’s earlier announcement to collaborate with monetary companions to co-develop information centres.
Meta’s chief finance officer Susan Li additionally confirmed the identical throughout a post-earnings convention name final week.
“We’re exploring methods to work with monetary companions to co-develop information centres,” Li was quoted as saying. She famous that whereas Meta intends to finance most of its capital bills internally, sure initiatives may gain advantage from ‘exterior financing’. Nevertheless, no transactions have been finalised but.
The quarterly submitting disclosed that Meta authorized a plan in June 2025, to promote particular information centre belongings. It has reclassified $2.04bn value of land and construction-in-progress as ‘held-for-sale’, that are anticipated to be transferred to a 3rd get together throughout the subsequent 12 months for the aim of co-developing information centres.
No loss was recorded on the reclassification, because the belongings are valued on the decrease of their carrying quantities or honest worth minus promoting prices.
Beforehand, Meta CEO Mark Zuckerberg outlined plans to take a position extensively in AI information centre ‘superclusters’ aimed toward advancing superintelligence. The primary of those, a multi-gigawatt information centre supercluster named Prometheus, is anticipated to be operational by 2026.
For the quarter ending 30 June 2025, Meta reported a income of $47.52bn, marking a 22% improve in comparison with the earlier 12 months.
The corporate’s internet earnings for the quarter rose to $18.34bn, a 36% improve from the $13.47bn reported in the identical interval earlier 12 months.
Moreover, Meta famous an 11% year-over-year improve in advert impressions throughout its household of apps.
As of 30 June 2025, Meta’s workforce consisted of 75,945 workers, a 7% rise from the earlier 12 months.
It additionally raised the decrease finish of its annual capital expenditure forecast by $2bn, now starting from $66bn to $72bn.
“Meta to divest $2bn in information centre belongings for AI funding” was initially created and printed by Verdict, a GlobalData owned model.
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