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 ...

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 ...

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 invested over $3B in Meta’s $27B Hyperion data center financing, the largest private-debt deal ever. The A+ rated ...

Summary: AI giants including Meta, Microsoft, Amazon, and Oracle recently announced a $40 billion deal that will help them ...

BlackRock ( NYSE: BLK) was one of the biggest investors in the $27B private debt raised to build Meta Platforms' giant data ...

AI gold rush burns through even more cash BlackRock has thrown billions into Meta’s latest AI adventure, backing a massive ...

Across the country, Americans are waking up to the real cost of artificial intelligence. BlackRock Holdings—the global financial network encompassing ...

Meta and Blue Owl, the private-credit firm, raised $27 billion to finance the buildout of a Louisiana data center.

Under the existing guidelines, Big Tech players are able to pollute more each year as their artificial intelligence data ...