News

California stalls on EV subsidies as Trump cuts federal rebate
With President Donald Trump set to ax a key electric vehicle tax credit next month, California Governor Gavin Newsom has yet ...
Meta inks $29B financing deal for Louisiana data center
Meta secured a $29 billion financing package, led by Pimco ($26 billion in debt) and Blue Owl Capital ($3 billion in equity) ...
Meta Lands Record $29B AI Data Center Deal -- Private Credit's Biggest Bet Yet
Private credit's biggest names have been waiting for an opening like this and Meta Platforms Inc. (NASDAQ:META) just handed them one. This week, Pacific Investment Management Co. and Blue Owl Capital ...
As electric bills rise across the US, evidence mounts that data centers share blame. States feel pressure to act
Some data centers could require more electricity than cities the size of Pittsburgh, Cleveland or New Orleans, and make huge ...
AOL will stop offering dial-up internet service after more than 30 years in business
AOL, an internet pioneer that brought millions of Americans online for the first time, is discontinuing its dial-up service ...
Meta Taps PIMCO, Blue Owl For $29 Billion Louisiana Data Center Buildout As AI Infrastructure Race Heats Up
Meta is partnering with PIMCO and Blue Owl to raise $29 billion for its data center expansion, with PIMCO handling debt and ...