Meta's ambitious data centre project, codenamed 'Project Walleye,' is securing $3 billion through a novel financing structure that bundles both construction and power infrastructure funding—a first for lenders in this space. The development underscores the unprecedented capital intensity required to build the computational backbone supporting modern artificial intelligence systems. As AI models grow larger and more complex, the physical infrastructure demands have become a critical bottleneck, forcing technology companies to rethink how they finance and deploy these massive facilities.