(Reuters) - Apollo Global Management is in talks to lead a roughly $35 billion financing package for Meta Platforms ( META ) to help develop data centers in the U.S., Bloomberg News reported on Thursday citing people with knowledge of the matter.
The alternative asset manager has discussed providing a major part of the financing, according to the report.
Meta CEO Mark Zuckerberg had said in January the company would spend as much as $65 billion this year to expand its AI infrastructure.
Meta and Apollo Global Management did not immediately respond to Reuters' requests for comment.