PIMCO Anchors $27 Billion in Debt For Louisiana Meta Data Center
Lenders to the SPV will get a roughly 6.8% interest rate, based on the current 30-year Treasury yield.
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The Information AM
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Recent Editions
Google Ends Privacy Sandbox Initiative
Google’s five-year effort to make web advertising more private is now fully abandoned
Benioff Changes Tune on Sending National Guard to San Francisco, Apologizes
Salesforce's chief backtracks on comments he made earlier this week just before Dreamforce, the company's annual customer conference.
Tesla Shareholders Should Reject Musk Pay Package, Proxy Firm ISS Says
ISS also urged Tesla shareholders to reject a proposal that Tesla invest in Musk’s artificial intelligence startup xAI.
Apple CEO Wraps Up China Visit as iPhone Air Preorders Start
The iPhone Air’s release in China had been delayed due to regulatory approvals.
OpenAI Stops Sora Depictions of MLK
OpenAI said public figures should have control over their likenesses.
Oracle Raises AI Cloud Revenue Projection, Struggles to Profit From Older Nvidia Chips
The company said it will lose money in a "ramp up" period before generating revenue from cloud customers.
Exclusive: Brazilian Fintech CloudWalk Hits $1.2 Billion Annualized Revenue
The company, backed by DST Global and Coatue Management, recently completed a tender offer valuing it at $3 billion.
Exclusive: CoreWeave Hires Ex-AWS Executive as Chief Revenue Officer
The Information first reported Jones’ departure from AWS last month.
Ron Conway Criticizes Benioff’s Trump Support, Quits Salesforce Nonprofit
‘I now barely recognize the person I have so long admired,’ the investor wrote in an email to the Salesforce CEO.
Deel’s Valuation Rises to $17 Billion in $300m Fundraise
Human resources and payroll startup Deel has raised $300 million at a $17.3 billion valuation.
Microsoft Adds New AI Tools to Windows
The new push comes as Microsoft aims to convince more consumers to use its AI Copilot features.
DoorDash and Waymo Partner on Autonomous Deliveries
Waymo already partners with Uber on ride-hailing and is now expanding its business to include food delivery.
TSMC CEO: Preparing for U.S. Plant’s Faster Upgrade to Advanced Technology
The world’s largest chip maker is expanding its U.S. production capacity while navigating geopolitical tensions.
Microsoft Aims to Make Most New Products Outside China From 2026
As geopolitical tensions have escalated, U.S. tech giants are trying to reduce their dependence on China’s supply chain.
Anthropic Gets Ready for Startup M&A
Potential M&A targets could help boost Anthropic’s models, products and their underlying tech
Anthropic Nears $7 Billion in Annualized Revenue
The company is reported to target as much as $26 billion in annualized revenue by the end of next year.
Exclusive: Poolside in Talks With CoreWeave-Backer Magnetar for New Funding
Poolside, a two-year-old startup that had been developing artificial intelligence coding assistants, also said CoreWeave would supply it with 40,000 Nvidia chips.
Meta and Arm Announce New Partnership
Meta will use Arm’s data center platforms to power the ranking and recommendation systems for its social media apps.
BlackRock-Led Group Makes $40 Billion Data Center Acquisition
The acquisition, which is expected to be finalized by the first half of next year, would be the largest such sale on record.
Weekday mornings
The Information AM by The Information Staff
Start your morning with the important global tech news of the day, covered by The Information team across five time zones.
By providing your email, you agree to The Information’s Privacy Policy