Blue Owl (OWL) is reportedly doubling down on AI infrastructure investments, including loans to two more data centres, Business Insider reports citing sources
Newsquawk Staff ·
- The firm recently agreed to provide USD 240mln of financing for a data centre in Minneapolis that was purchased by investors Cloud Capital and Arcapita Group, according to sources cited.
- The company also plans to both invest in and lend to a recently announced large data centre development in Texas, being built by Skybox Datacenters, sources said.
What it means
Blue Owl's latest investments in AI infrastructure signal a strong commitment to the growing data center sector, particularly in light of recent financing for facilities in Minneapolis and Texas. This is likely to position the firm advantageously in the competitive landscape of technology financing, potentially driving growth and attracting further investment inflows.
Sources
- Major US technology company selects Baker Hughes’ (BKR) power generation and cooling solutions to scale high-density AI compute
- Meta (META) AI director Rohit Patel leaves to take on Microsoft (MSFT) Office and Google (GOOGL) Workspace, reports TechCrunch
- AMD (AMD) and Meta (META) collaborate across CPUs, GPUs, networking, systems and software to power Meta services and AI infrastructure; AMD will invest USD 1bln in Meta's equity offering
- Apple (AAPL) introduces new 14-inch Macbook Pro with M6 chip, starts at USD 1,999; also introduces iMac with M6 chip delivering a major boost in performance and AI capabilities
- ServiceNow (NOW) and Google (GOOGL) Cloud advance agentic Ai for industry workflows
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