File Photo: Apollo Global Management is negotiating to lead a $35 billion dollar fund to help develop data centers in the U.S. | Image source: Reuters
Apollo Global Management is in talks to provide a funding plan of about $35 billion for the metaplatform to help develop data centers in the U.S., Bloomberg News reported on Thursday.
The report said alternative asset managers have discussed the main parts of providing financing.
Chief Executive Mark Zuckerberg said the company will spend as much as $65 billion this year to expand its AI infrastructure.
Meta and Apollo Global Management did not immediately respond to Reuters’ request for comment.
publishing – February 28, 2025 at 09:34 am IST
