Meta Platforms plans to sell $2bn in data center assets to fund AI development, partnering with financial entities. CFO Susan Li confirmed the strategy, aiming to co-develop data centers. No final transactions yet, but assets worth $2.04bn have been reclassified for sale. Meta reported a 22% revenue increase in Q2 2025, reaching $47.52bn. Net income rose 36% to $18.34bn. The company saw an 11% increase in ad impressions and a 7% growth in its workforce to 75,945 employees. Capital expenditure forecast raised by $2bn to $66bn-$72bn annually.
Read more at Yahoo Finance: Meta to divest $2bn in data centre assets for AI funding
