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The Creative Dealmaking Behind Meta’s $30 Billion Data Center FinancingExclusive

The Creative Dealmaking Behind Meta’s $30 Billion Data Center Financing

It took a year and some financial acrobatics, but Meta Platforms and a small army of bankers and lawyers were able to secure funding for a $27 billion data center project without doing any immediate damage to the company’s finances. A private letter from the Securities and Exchange Commission helped seal the deal. How Meta and Morgan Stanley pulled off the fundraising, and whether other companies racing for dominance in artificial intelligence will be able to...

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