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siliconpotato
4 months ago
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Credit report shows Meta keeping $27B off its book...
There are better articles explaining this:
https://www.forbes.com/sites/petercohan/2025/11/25/metas-ai-...
and
https://www.wsj.com/tech/meta-ai-data-center-finances-d3a6b4...
skybrian
4 months ago
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The Forbes article says that "to be an operating lease [...] Meta must have the obligation to absorb the venture’s losses or the right to receive its benefits."
I don't know enough about finance to tell for sure, but this seems backwards?
pas
4 months ago
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it seems to mean that Meta would have to "rent" the whole operation (with all the potential upside and downside)
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