Meta and BlackRock Secure Billions for Data Centers Amid AI Push

Meta and BlackRock have raised $12.5 billion in debt to fund a Meta data center in Louisiana, according to a secret deal that gave Meta everything it wanted. The financing comes as Meta also expands its AI chatbot into Threads direct messages. Meanwhile, Apple regained its title as the world's most valuable company, but its smart glasses plans may face competition from Meta's rollout, which has been criticized as flawed.