Meta Platforms (NASDAQ:META) has secured financing for the construction of the Hyperion Data Center campus in Louisiana with asset manager Blue Owl Capital (NYSE:OWL) as the social media and tech ...
The two companies are forming a joint venture, with Blue Owl taking an 80% stake and Meta holding the rest. Once completed, the Hyperion campus will stretch across 4 million square feet and create ...
Meta Platforms, Inc. posted Q3 revenue growth but has shrinking EPS and muted ad gains. Click for my updated look at META earnings and why I maintain a Hold rating.
Meta has announced plans to develop a joint venture agreement with Blue Owl Capital in a bid to fund and establish the social media firm’s Hyperion data center in Louisiana. The deal which carries $27 ...
Oct 21 (Reuters) - Meta (META.O), opens new tab has struck a $27 billion financing deal with Blue Owl Capital to fund its biggest data center project globally, as large technology companies race to ...
(Reuters) -Meta has struck a $27 billion financing deal with Blue Owl Capital to fund its biggest data center project globally, as large technology companies race to build out the infrastructure ...
Blue Owl Capital Inc. (NYSE:OWL) and Meta are sharing ownership of the Hyperion data center site, with the California-based tech giant retaining a 20% equity stake, Bloomberg reported, citing sources.
A previous version of this story included an incorrect spelling of Jeffrey Foster’s name. The artificial-intelligence buildout keeps getting bigger and bigger. Back To Top ...
Mark Zuckerberg’s Meta Platforms Inc. is set to seal an almost $30 billion financing package for its data center site in rural Louisiana, marking the final step for the largest private capital deal on ...
Meta has formed a $27 billion joint venture (JV) to fund the build-out of a large-scale AI data center campus in Louisiana. Facebook's parent company has set up the JV, which will develop and own the ...
Meta announced on Tuesday that it has entered a $27 billion joint venture with Blue Owl Capital to finance and develop its massive Hyperion data center in rural Louisiana. Under the agreement, Blue ...
FILE PHOTO: The logo of Meta is seen at Porte de Versailles exhibition center in Paris, France, June 11, 2025. REUTERS/Gonzalo Fuentes/File Photo By Jaspreet Singh and Aditya Soni Meta has struck a ...