Meta in talks to raise $35 billion for data center financing led by Apollo, Bloomberg News reports


FILE PHOTO: The logo of Meta Platforms' business group is seen in Brussels, Belgium December 6, 2022. REUTERS/Yves Herman/File Photo

(Reuters) -Apollo Global Management is in talks to lead a roughly $35 billion financing package for Meta Platforms to help develop data centers in the U.S., Bloomberg News reported on Thursday citing people with knowledge of the matter.

The alternative asset manager has discussed providing a major part of the financing, according to the report.

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