Meta is partnering with PIMCO and Blue Owl to raise $29 billion for its data center expansion, with PIMCO handling debt and ...

US tech giant Meta Platforms has tapped Pacific Investment Management Co (Pimco) and Blue Owl Capital to finance its US$29 billion data centre expansion in Louisiana, according to press reports.

Meta secured a $29 billion financing package, led by Pimco ($26 billion in debt) and Blue Owl Capital ($3 billion in equity) for a Louisiana data center. This financing is likely for Meta's "Hyperion" ...

A U.S. senator on Friday announced an investigation into whether Meta AI chatbots were allowed to engage in potentially ...

Meta is planning its fourth overhaul of artificial intelligence efforts in six months, The Information has reported.

Meta is reportedly once again reshaping its artificial intelligence operations, marking the fourth major restructuring in ...

Private credit's biggest names have been waiting for an opening like this and Meta Platforms Inc. (NASDAQ:META) just handed them one. This week, Pacific Investment Management Co. and Blue Owl Capital ...

The Data Center Coalition, which represents data center owners including Google, Amazon and Microsoft, called on U.S.

Meta is spending a fortune to assemble the brightest minds in artificial intelligence. Research suggests that packing a team ...

Beyond restructuring, Meta is massively increasing its AI investments. The company raised its annual capital expenditure ...

Both QTS and Blackstone declined to comment further to the publication. In 2021, Blackstone Real Estate Income Trust jump ...