Meta has tapped U.S. bond giant PIMCO and alternative asset manager Blue Owl Capital to spearhead a $29 billion financing for ...

Pimco is set to lead the $26 billion debt component of the financing, while Blue Owl will contribute $3 billion in equity, ...

Meta Platforms, Inc.’s (META) quest to be among the frontrunners in the artificial intelligence (AI) arena has led the company to commit multi-billion-dollar investments. The company has reportedly ...

Meta Platforms Inc. secures $29 billion financing for AI data center expansion in Louisiana, led by Pimco and Blue Owl.

While the United States has long led global internet data consumption as the third largest, India surpasses all countries to become the top user by total data usage ...