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Meta is partnering with PIMCO and Blue Owl to raise $29 billion for its data center expansion, with PIMCO handling debt and ...
The Data Center Coalition, which represents data center owners including Google, Amazon and Microsoft, called on U.S.
A U.S. senator on Friday announced an investigation into whether Meta AI chatbots were allowed to engage in potentially ...
Beyond restructuring, Meta is massively increasing its AI investments. The company raised its annual capital expenditure ...
US tech giant Meta Platforms has tapped Pacific Investment Management Co (Pimco) and Blue Owl Capital to finance its US$29 billion data centre expansion in Louisiana, according to press reports.
Tech major Meta has planned its fourth restructuring of artificial intelligence (AI) in the last six months, citing a Reuters report.
Meta secured a $29 billion financing package, led by Pimco ($26 billion in debt) and Blue Owl Capital ($3 billion in equity) for a Louisiana data center. This financing is likely for Meta's "Hyperion" ...
Meta is spending a fortune to assemble the brightest minds in artificial intelligence. Research suggests that packing a team ...
Meta plans fourth AI overhaul, creating Superintelligence Labs with four groups to fast-track artificial general intelligence ...
After receiving an unsatisfactory response to its newest open-source model, Meta is planning to restructure its Artificial ...
Meta is reportedly planning its fourth restructuring of artificial intelligence (AI) operations within six months, dividing ...