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Meta’s AI Spending Problem Just Found a BlackRock Solution

MarketBeat News Feed · 6h ago

Meta’s AI Spending Problem Just Found a BlackRock Solution

Meta Platforms shifted an El Paso data center into an 80/20 joint venture with BlackRock, using a $12.3 billion bond sale to offload CapEx risk while retaining compute capacity through a long-term lease.

Read the full story at MarketBeat News Feed →

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