Archive · 9 Aug 2025

Meta's $29 Billion Deal Boosts Private Credit in AI

Meta's $29 Billion Deal Boosts Private Credit in AI

Meta, the company behind Facebook, is building a large data center in Louisiana to support its AI.

To pay for this, Meta is getting $29 billion from two investment companies, Pimco and Blue Owl.

Pimco will provide most of the money as debt, and Blue Owl will invest a smaller amount as equity.

This deal is important because it shows how much money is going into AI, as tech companies need to build more infrastructure.

Private credit firms are eager to get involved in big deals like this.

Sources