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.

Both companies have agreed to contribute funds in proportion to their ownership stakes towards the project’s estimated $27bn ...

David Johnson, director of the Global Owl Project, checks on the health of a juvenile burrowing owl as his intern, Anya Nelson, looks on while banding the birds on June 19, 2019, on the former ...

Meta Platforms, Inc. (NASDAQ: META) and funds managed by Blue Owl Capital entered into a joint venture agreement which will ...

Meta has announced plans to develop a joint venture agreement with Blue Owl Capital in a bid to fund and establish the social ...

Meta has struck a $27 billion financing deal with Blue Owl Capital to fund its biggest data center project globally, as large ...

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Meta is poised to secure a $30 billion financing package with investment firm Blue Owl Capital for its planned data center ...

Meta's JV with Blue Owl, funded through bonds issued by Pimco, signals the growing role of special purpose vehicles in ...

Facebook parent Meta has managed to convince private equity firm Blue Owl Capital to finance its 2.2 gigawatt Hyperion ...

The open-source Project OWL initiative today announced a major update to its ClusterDuck Protocol that can be used to establish an internet connection during emergencies when normal connectivity has ...

Meta has signed a $27 billion financing deal with Blue Owl Capital to build its largest-ever Hyperion data center in ...