The BuildApril 3, 2026via Financial Times Technology
Meta-backed data centre seeks $3bn for campus with novel financing
Why it matters
Meta is pioneering a new financing model for AI infrastructure that could reshape how tech giants fund the massive data centers needed for AI workloads, potentially solving the power bottleneck that's limiting AI scaling.
Key signals
- $3 billion funding target
- Novel financing structure covering both construction and power
- First-of-its-kind integrated funding approach
- Meta-backed project
The hook
$3B. That's what Meta is seeking for a data center campus using groundbreaking financing that covers both construction and power infrastructure.
‘Project Walleye’ lenders would be first to fund both construction and power
Relevance score:85/100