""Our primary focus is deploying capital to support the company's highest order priorities including developing leading AI products, models, and business solutions. As we make significant investments in infrastructure to support this work, we are focused on preserving maximum long-term flexibility to ensure we can meet our future capacity needs while also being able to respond to how the market develops in the years ahead,""
"Earlier this week, Meta posted $51.2 billion in revenue for its calendar Q3, up 26 percent year-on-year. Susan Li, Chief Financial Officer, told investors that its quarterly capital expenditure was at $19.4 billion, "driven by investments in servers, data centers and network infrastructure". Li noted that Meta currently expects 2025 capital expenditures to be in the range of $70 billion to $72 billion, increased from its prior outlook of $66 billion to $72 billion. In 2024, the figure was $39.23 billion."
"Now, Meta is selling $30 billion in bonds to build out its infrastructure estate and support its ambition in AI markets. Some of these won't mature for 40 years. The social media giant - owner of Facebook, WhatsApp and Instagram - launched the bond sale in an SEC filing last night with the help of banks Citigroup and Morgan Stanley. The Meta bonds were issued in six parts with varying interest rates and maturity between 2030 and 2065."
Meta is issuing $30 billion in bonds, some with maturities up to 40 years, to fund datacenter and AI infrastructure expansion. The bond sale was launched in an SEC filing with Citigroup and Morgan Stanley and issued in six tranches with varying rates and maturities between 2030 and 2065. Quarterly capital expenditure reached $19.4 billion, driven by servers, data centers and network infrastructure. Meta expects 2025 capital expenditures of $70–$72 billion, up from prior guidance. Meta also formed a joint venture with Blue Owl Capital to fund an 80% externally owned buildout focusing on the Hyperion datacenter campus.
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