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BENGALURU] Meta Platforms is seeking to raise US$29 billion from private capital firms to build artificial intelligence (AI) data centres in the US, the Financial Times reported on Friday (Jun 27).

In a deal that closes the loop on its transformative acquisition of Sandy Spring Bank, Atlantic Union Bankshares said it sold ...

(Reuters) -Meta Platforms is seeking to raise $29 billion from private capital firms to build artificial intelligence data ...

At its earnings in May, Meta raised its full-year capital expenditure forecast by as much as 10 per cent to between $64bn and $72bn, citing “additional data centre investments” to support its AI push ...

With the TSX hitting a new all-time high, investors will turn their focus to today’s Canadian GDP and U.S. inflation data.

British Gas owner Centrica is set to take a 15% stake in the planned Sizewell C nuclear plant in southeast England, the ...

All sides are keen to reach a final investment decision on the project before the British parliament's recess on July 21, the ...

Shares of Brookfield Asset Management Ltd. Cl A BAM advanced 1.21% to C$75.54 Thursday, in what proved to be an all-around ...

After shutting down several stores in May, JCPenney is planning to close a warehouse and lay off nearly 300 workers this year ...

After shutting down several stores in May, JCPenney is planning to close a warehouse and lay off nearly 300 workers this year ...

Scape Australia, with the backing of a global capital partner, has acquired the Aveo retirement portfolio from Brookfield Asset Management for A$3.85bn (€2.2bn), in what will be Australia’s ...