Arts and EntertainmentBusiness Acquisition

Meta Secures Historic $30 Billion Private Capital Deal with Blue Owl for AI Data Center Expansion

Meta Platforms Inc. and Blue Owl Capital are finalizing a nearly $30 billion financing arrangement for a major data center project in Louisiana. The deal represents the largest private capital transaction on record and will support Meta’s aggressive AI infrastructure expansion.

Historic Private Capital Deal for AI Infrastructure

Meta Platforms Inc., under the leadership of Mark Zuckerberg, is reportedly closing on a nearly $30 billion financing package for its data center development in rural Louisiana, according to sources familiar with the matter. This transaction marks what analysts suggest is the largest private capital deal ever recorded for technology infrastructure.

Assistive TechnologySustainability

Arm CEO Advocates Hybrid AI Approach to Boost Cloud Sustainability

Arm Holdings CEO Rene Haas has proposed that shifting certain AI workloads from centralized data centers to local devices could significantly improve technology sustainability. According to reports, this hybrid approach would maintain cloud-based AI training while enabling inference tasks to run directly on consumer devices. The comments come as Arm announces expanded partnerships with major technology firms including Meta Platforms.

Shifting AI Workloads for Environmental Benefits

Arm CEO Rene Haas has suggested that moving certain artificial intelligence workloads away from centralized cloud computing infrastructure could create more sustainable technology ecosystems, according to recent reports. Haas indicated that over time, relying exclusively on massive multi-gigawatt data centers may not represent a sustainable path forward for the industry.