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That structure allows Meta to build its data center without putting the full $27 billion of debt on its own balance sheet.

Artificial Intelligence - Catch up on select AI news and developments from the past week or so. Stay in the know.

Investors are counting on a big payoff from Meta's massive AI spending. For Meta investors, revenue growth is no longer the main thing to watch. Sure, in the meantime, the company is firing on all ...

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Alphabet CFO Anat Ashkenazi shared on the third-quarter earnings call that the company recorded $24.46 billion of free cash ...