Meta Platforms has raised $25 billion through a multi-tranche bond sale, one of its largest debt issuances, to fund its expanding artificial intelligence (AI) initiatives. This bond offering, divided into six portions, reflects a growing trend among major technology firms to utilize debt financing for capital-intensive AI projects. Last year, Meta conducted its largest bond sale of $30 billion, indicating a shift from self-financed growth to reliance on external funding. The company has also increased its capital expenditure outlook for 2026 by $10 billion, projecting total spending between $125 billion and $145 billion. While the tech sector is expected to invest over $700 billion in AI infrastructure this year, analysts have raised concerns about the risks associated with increased borrowing and complex financial structures within the AI ecosystem. Additionally, to support its AI investments, Meta is reassessing its cost structure, which includes scaling back its unprofitable metaverse division and planning significant layoffs that could affect 20% or more of its workforce, with initial cuts starting on May 20.