Meta monetises Facebook, Instagram, WhatsApp and Threads through advertising while spending heavily on AI infrastructure and the Llama model family. Founded in 2004 and headquartered in Menlo Park, California, Meta Platforms, Inc. employs approximately 79,000 people.
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Hyperscalers are issuing debt at unusual scale to finance data-centre expansion, pushing AI investment beyond equities and into credit spreads, duration and refinancing risk.
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