Meta Preps First-Ever Euro Bond Offering of Up to $15 Billion for AI Buildout
Per Semafor, Meta is preparing its first euro-denominated bond sale of up to $15 billion, highlighting hyperscalers' shift to global funding for AI infrastructure.
According to Semafor, citing people familiar with the matter, US social media giant Meta Platforms is preparing a large bond offering that includes its first-ever euro borrowing, sized at up to $15 billion. The move aims to raise funds for its artificial intelligence infrastructure buildout.
Meanwhile, Alphabet has also closed its second euro deal of the year. These tech giants, which have previously relied on US markets, are now turning to other pools of capital. For most companies, broadening lender bases is a test-the-pipes exercise, but for hyperscalers today, this globe-trotting fundraising is crucial to funding the AI buildout that props up their stock prices.