Business
Meta’s US$29 billion deal marks pivotal moment for private credit
The heavy hitters of private credit have been waiting for this moment for years. Major lenders, which often cater to companies with dented…
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US29
Business
Tesla approves share award worth US$29 billion to CEO Elon Musk
Tesla has granted CEO Elon Musk shares worth about US$29 billion, in a new pay deal aimed at keeping the billionaire entrepreneur at the…
Business
Meta seeks US$29 billion from private capital firms for AI data centres, FT reports
Meta Platforms is seeking to raise US$29 billion from private capital firms to build artificial intelligence (AI) data centres in the US,…
Business
Meta finalises investment in Scale AI, valuing startup at US$29 billion
META Platforms has finalised an investment in Scale AI that values the startup at over US$29 billion, Scale AI said on Thursday. Two…