Meta issued $15 billion in bonds for AI infrastructure, with subscription orders reaching $58 billion.

Meta issued $15 billion in bonds to fund AI infrastructure construction. Subscription orders reached $58 billion, nearly four times the issuance size, comparable to major tech bond offerings this year. Meta expects to spend over $740 billion on AI over the next three years, ranking among the largest compute investment plans in the industry; since 2025, Meta has issued about $70 billion in bonds, ranking third among large technology companies, behind Alphabet and Amazon.