Meta Platforms announced a joint venture with funds managed by Blue Owl Capital to develop and own the Hyperion data center campus, with Blue Owl holding an 80% interest and contributing US$7 billion ...

Meta Platforms (NASDAQ:META) has tapped Pacific Investment Management Co. and Blue Owl Capital to lead a $29 billion financing for its data center expansion in rural Louisiana, Bloomberg News reported ...

Tech giant Meta has tapped a pair of investment firms to lead its massive data center development effort in Louisiana. As part of the agreement, Pimco will lead the $26B debt portion of the deal, and ...

CORRECTION: A previous version of this story included an incorrect spelling of Jeffrey Foster’s name. The artificial-intelligence buildout keeps getting bigger and bigger. On Tuesday, Meta Platforms ...

People walk behind a logo of Meta Platforms company, during a conference in Mumbai, India, September 20, 2023. REUTERS/Francis Mascarenhas (Reuters) -Meta has struck a $27 billion financing deal with ...

What Happened: The U.S. bond giant PIMCO and alternative asset manager Blue Owl will be responsible for raising the funds, Reuters reported, citing sources. PIMCO will manage around $26 billion in ...

Mark Zuckerberg’s Meta Platforms Inc. is set to seal an almost $30 billion financing package for its data center site in rural Louisiana, marking the final step for the largest private capital deal on ...

Meta Platforms (NASDAQ:META) is set to seal an approximately $30 billion private capital financing deal—marking the largest private capital deal on record—for Meta’s advanced AI data infrastructure ...