On Tuesday, Meta Platforms Inc. (META) announced a joint-venture partnership with alternative-asset manager Blue Owl Capital Inc. (OWL) for the purposes of building and managing the Big Tech giant's ...

Meta and Blue Owl struck a record $27 billion joint venture for the tech giant’s Hyperion data center, signaling a pivot in how Big Tech is funding its AI ambitions.

In a similar vein, Jeff Schulze, head of strategy at ClearBridge Investments, estimates that the earnings growth gap between ...

BlackRock, the world’s largest asset manager, is emerging as a major player in the AI infrastructure market, such as data ...

A BlackRock active high-yield ETF bought bonds that were valued at $2.1 million by Monday, according to fund disclosures. A BlackRock total-return ETF holds about $1.2 million of the debt, and a loan ...