Meta's future AI data center lease obligations swell to over a quarter trillion dollars
Meta has more than a quarter trillion dollars in future lease obligations — largely tied to AI data centers — as the tech giant races to build out its artificial intelligence infrastructure, a new regulatory filing shows.In its quarterly securities filing released a day after its earnings report, Meta said it had approximately $278.99 billion in operating and finance leases that have not yet begun and were not yet included on its balance sheet.The lease agreements cover "data centers, colocations, and certa ...