Meta Platforms Inc. has selected Pacific Investment Management Co. and Blue Owl Capital Inc. to lead a $29 billion financing ...

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

The company is expected to divide its new AI unit, Superintelligence Labs, into four groups: a new "TBD Lab," short for to be ...

Bengaluru] Meta is planning its fourth overhaul of artificial intelligence (AI) efforts in six months, The Information ...

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

Mark Zuckerberg’s company tapped Pimco and Blue Owl Capital to lead a $29 billion financing package for its data center in ...

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.

The heavy hitters of private credit have been waiting for this moment for years.Most Read from BloombergNew York Warns of $34 Billion Budget Hole, Biggest Since 2009 CrisisThree Deaths Reported as NYC ...

“Private credit has been itching to get into this space,” said John Medina, senior vice-president on the global project and infrastructure finance team at Moody’s Ratings. “This deal is one of the ...

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