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

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

A Pasadena startup is looking to capitalize on the AI boom by investing in the infrastructure that powers data centers - the ...

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

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

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

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" ...

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.