Meta's ambitious Project Walleye data centre campus has secured $3 billion in financing through an innovative structure that marks a significant evolution in how the technology industry funds AI infrastructure. The deal is notable because lenders are committing capital to both construction and long-term power supply—a first for deals of this magnitude. This dual-asset financing approach reflects the enormous capital requirements driving the AI boom, where compute capacity and reliable energy have become equally critical and interconnected resources. As AI models grow larger and more computationally intensive, tech companies require not just buildings filled with processors, but guaranteed access to stable, abundant power to operate them.