Meta is cutting 600 jobs in its artificial intelligence division. This move aims to create a faster, more efficient ...

Meta's layoffs will hit employees in AI infrastructure, Fundamental Artificial Intelligence Research unit (FAIR) and other AI ...

Meta has struck a US$27bil financing deal with Blue Owl Capital to fund its biggest data centre project globally, as large ...

Meta's JV with Blue Owl, funded through bonds issued by Pimco, signals the growing role of special purpose vehicles in ...

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 has a joint venture agreement with Blue Owl Capital in a deal worth $27 billion to fund and develop the social media ...

Meta Platforms cuts 600 AI jobs as part of Superintelligence Labs restructuring, keeping key teams and continuing strategic ...

Meta has signed a $27 billion financing deal with Blue Owl Capital to build its largest-ever Hyperion data center in ...

Under the arrangement, Meta will hold a 20 per cent equity stake in the project, while funds managed by Blue Owl Capital will ...

Meta and Blue Owl Capital entered into a joint venture agreement to develop and own the Hyperion data center campus, a Meta statement said today.

The two companies are forming a joint venture, with Blue Owl taking an 80% stake and Meta holding the rest. Once completed, ...

Meta finalized a $27 billion joint venture with Blue Owl Capital to fund its Hyperion data center in Louisiana.