The asset management firm will own 80% in the joint venture, while Meta will retain a 20% stake and oversee the construction and property management services of the massive Hyperion data center in rural Louisiana.
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Meta partners with Blue Owl Capital on $27b AI data center project
The partnership provides the “the speed and flexibility” Meta needs to build the data center and support its “long-term AI ambitions,” the social media company said in a statement.
