BlackRock ( NYSE: BLK) was one of the biggest investors in the $27B private debt raised to build Meta Platforms' giant data ...
Meta and Blue Owl, the private-credit firm, raised $27 billion to finance the buildout of a Louisiana data center.
BlackRock invested over $3B in Meta’s $27B Hyperion data center financing, the largest private-debt deal ever. The A+ rated ...
AI gold rush burns through even more cash BlackRock has thrown billions into Meta’s latest AI adventure, backing a massive ...
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 ...
BlackRock, the world’s largest asset manager, is emerging as a major player in the AI infrastructure market, particularly in ...
In a similar vein, Jeff Schulze, head of strategy at ClearBridge Investments, estimates that the earnings growth gap between ...
Data centre start-up Crusoe has raised $1.4bn, more than tripling its valuation to over $10bn in one year, as investors pile ...
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Summary: AI giants including Meta, Microsoft, Amazon, and Oracle recently announced a $40 billion deal that will help them ...
A data centre running through the night in Texas and powered solely by burning gas can, for example, offset its greenhouse ...