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

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

META is planning its fourth overhaul of artificial intelligence (AI) efforts in six months, The Information reported on Friday, citing three people familiar with the matter.

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 ...

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

“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 ...