data centre News & Analysis

Meta (META) Project Walleye Seeks $3 Billion for Data Centre

Meta (META) is seeking $3 billion in funding for the construction of its new data centre project known as 'Project Walleye'. This initiative marks a novel approach, as lenders will finance both the construction and power needs. Securing this capital may impact Meta's operational efficiency and future growth strategies. The financing strategy could set a precedent in the data centre industry for future development projects.