BlackRock is raising $12bn to build Meta a data centre it will own, lend to, and rent out
On Monday, JPMorgan and Morgan Stanley began pitching investors on a bond sale of at least $12 billion, as The Wall Street Journal reported. The money will build a Meta data centre in El Paso, Texas. The structure is the story. Who owns what BlackRock and its infrastructure and private-credit arms own 80% of the […]<br /> This story continues at The Next Web [...]
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How an Oregon court became the stage for a $115,000 showdown between Meta and Facebook creators
Some of the most successful creators on Facebook aren't names you'd ever recognize. In fact, many of their pages don't have a face or recognizable persona attached. Instead, they run pa [...]
Meta enters the AI coding wars with Muse Spark 1.2 and Muse Code with persistent async background agents
Meta today released Muse Code, a terminal-based AI coding agent now in beta, alongside Muse Spark 1.2, a coding-focused update to its Muse Spark family of frontier models — a one-two punch that puts [...]
Meta and BlackRock form a $14bn venture to build an El Paso AI data centre
Meta has folded its half-built El Paso data centre into a joint venture with BlackRock, formalising a structure that keeps most of a $14bn project off its own books. Under the agreement, funds managed [...]
Meta returns to open source with Muse Glimmer, an Apache 2.0 licensed 30B parameter AI model optimized for agents — available now
Meta today released Muse Glimmer, a 30-billion-parameter open-weight model designed to run autonomous AI agents directly on consumer hardware — pushing agentic workloads that normally depend on clou [...]
