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

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

Meta plans fourth restructuring of AI efforts in six months, The Information reports (Reuters) - Meta is planning its fourth ...

Meta is preparing for its fourth overhaul of AI initiatives in just six months, according to a July 15 report from The ...

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

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.

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 ...

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" ...

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

Meta is reportedly planning its fourth AI restructuring in six months. The company's new Superintelligence Labs will be split ...

Tech major Meta has planned its fourth restructuring of artificial intelligence (AI) in the last six months, citing a Reuters report.