Private Credit Firms Power Meta's AI Data Center Bet
Core Insights - Private credit is increasingly influential in the AI sector, highlighted by Meta's $27 billion data-center financing which resulted in a $2 billion profit for Pimco [1] Group 1 - The financing deal by Meta signifies the growing role of private credit in supporting large-scale AI infrastructure projects [1] - Pimco's substantial profit from this financing indicates the lucrative opportunities available in the private credit market related to AI [1]