NasdaqGS:METAInteractive Media and Services
Meta AI Data Center Expansion Raises New Accounting And Regulatory Questions
Meta Platforms is starting construction on a $10b, 1-gigawatt AI data center in Lebanon, Indiana, described as a record-scale project for the company.
The company has also set up a $27b AI data center joint venture off its balance sheet, a structure that has drawn comparisons to complex financing seen in prior corporate cycles.
Auditors and regulators are paying closer attention to how this joint venture is accounted for, at a time when Meta is rapidly increasing its AI infrastructure...