Meta's JV with Blue Owl, funded through bonds issued by Pimco, signals the growing role of special purpose vehicles in ...
On October 16, 2025, Bloomberg reported that Meta Platforms, Inc. (NASDAQ:META) is planning to finalize an almost $30 billion ...
Meta announces job cuts in its Superintelligence Labs to enhance flexibility and responsiveness in its artificial ...
Data center developer Crusoe has secured $1.4 billion in its latest funding round. As reported by the Financial Times, the ...
Data centre start-up Crusoe has raised $1.4bn, more than tripling its valuation to over $10bn in one year, as investors pile ...
The gains follow a mix of news on Chief Executive Mark Zuckerberg's push to transform Meta into an artificial intelligence ...
Meta is set to reduce around 600 positions in its AI unit, including roles within FAIR and AI infrastructure units. Learn ...
Pimco is already reaping big rewards from its role in financing Meta Platforms’ massive data center in Louisiana. The company has racked up roughly $2 billion in paper profits on a $27 billion debt ...
Meta is cutting 600 jobs in its artificial intelligence division. This move aims to create a faster, more efficient ...
BlackRock, the world’s largest asset manager, is emerging as a major player in the AI infrastructure market, such as data ...
About 600 employees in Meta Platforms' artificial intelligence division are set to be laid off as part of a wider effort to ...