Meta to share AI infrastructure costs via $2 billion asset sale

Maria Sandu

Meta Platforms is pressing ahead with efforts to bring in outside partners to help fund the massive infrastructure needed to power artificial intelligence, disclosing plans in a filing on Thursday to offload $2 billion in data center assets as part of that strategy. The strategy reflects a broader shift among tech giants — long known for self-funding growth — as they grapple with the soaring cost of building and powering data centers to support generative AI. The social media giant said earlier

Meta to share AI infrastructure costs via $2 billion asset sale https://www.channelnewsasia.com/ - 02:09

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Meta to share AI infrastructure costs via $2 billion asset sale https://www.channelnewsasia.com/ - 02:09