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Meta Taps PIMCO, Blue Owl For $29 Billion Louisiana Data Center Buildout As AI Infrastructure Race Heats Up
Meta is partnering with PIMCO and Blue Owl to raise $29 billion for its data center expansion, with PIMCO handling debt and ...
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Morning Wrap: ASX 200 futures flat, Nasdaq hits record high as Apple shares surge + JB Hi-Fi, Car Group earnings
ASX 200 futures are up 5pts (+0.05%) as of 8:30 am AEST. In a nutshell: S&P 500 just missed a fresh record close, Nasdaq at ...
Meta Platforms’ AI Bet: Visionary Leap or Reality Labs Repeat?
Playing the Long Game or Just Another Money Pit? Meta Platforms (NASDAQ:META) delivered a stellar second-quarter earnings ...
Meta’s deal marks key moment for private credit
“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 ...