Meta’s backstop is linchpin for $26 billion AI data
Published on: Sept. 7, 2025, 10:18 a.m. | Source: The Economic Times
Meta secured $26 billion in off-balance-sheet financing for its massive Louisiana Hyperion data center, using a joint venture and a rare residual value guarantee to protect investors from losses if AI-driven obsolescence lowers asset value. Led by Pimco and Morgan Stanley, the deal sets a precedent for future AI infrastructure funding.
