SoftBank, Meta make strides in data center push with purchase of EV plant, financing plans
1. Meta secures $29 billion financing for data center expansion in Louisiana. 2. Financing led by PIMCO and Blue Owl, crucial for Meta's data goals. 3. Meta plans to offload $2 billion in center assets to reduce costs. 4. Data center push amid rising energy concerns from local communities. 5. SoftBank acquires an EV plant, enhancing its own data center capabilities.