Archive · 30 Jul 2026
Meta’s AI Spending Drives Record Borrowing, Debt Surges
Meta, the company that owns Facebook, is spending a lot of money on artificial intelligence.
To pay for it, the company has borrowed a lot of money, more than it had before 2022.
By the middle of 2024, it owed about $83.7 billion in long‑term loans.
It also has hidden debt for building big computer centers in Louisiana and Texas, which adds even more money it has to pay back.
Meta has signed leases for those sites and promised to give extra guarantees to lenders.
This shows how much the company is relying on borrowing to keep up with its AI plans.
Meta’s AI investment has forced a sharp rise in debt.
Long‑term borrowings climbed to $83.7 billion by Q2 2024.
Off‑balance‑sheet debt for Louisiana and Texas data‑center projects adds tens of billions.
The company has leased the sites and pledged financial guarantees.
Meta’s balance sheet was debt‑free until 2022 before the AI push.
- Who
- Meta Platforms, Inc.
- What
- Increased borrowing to fund AI and data‑center projects
- When
- By the end of the second quarter of 2024
- Where
- Global, with off‑balance‑sheet debt tied to Louisiana and Texas data centers
- Why
- To support growing AI spending and infrastructure
- Company
- Meta Platforms, Inc.
- Long‑term debt (Q2 2024)
- $83.7 billion
- Off‑balance‑sheet debt
- tens of billions
- Debt before 2022
- minimal
- Data‑center locations
- Louisiana, Texas