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.

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 ...

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 ...

The second bearish sign is the Leading Economic Index (LEI) heading below the recession threshold. This index predicted the ...

Two former Meta employees alleged in sworn congressional testimony Tuesday that the company’s virtual reality products have exposed children to adult content such as nudity, sexual propositions and ...