Meta Offloads $27B AI Data Center Project via Joint Venture with Blue Owl Capital
đ§ Summary Meta Platforms has formed a $27 billion joint venture with Blue Owl Capital to develop the Hyperion data center campus in Richland Parish, Louisiana, effectively moving the project off its balance sheet. The deal reflects a growing trend among tech giants to use special purpose vehicles (SPVs) to fund large-scale AI infrastructure without […]
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