OpenAI, Google, Meta, BlackRock, and others are recruiting electricians and carpenters by the thousands, with some of the highest pay the industry has ever seen
The future of artificial intelligence depends on finding more skilled humans for some very physical jobs.
Meta and BlackRock form a strategic venture to develop a 1GW data center campus in El Paso, Texas, set to cost ~$14B and bring capacity online starting in 2028
Meta and BlackRock announce a venture to finance the development and operation of a data center campus in El Paso, Texas
Sources: BlackRock leads a $12B+ debt sale for Meta's new El Paso data center, as Meta signs a lease for a BlackRock-backed data-center project in Pennsylvania
Meta also signs lease for a BlackRock-backed data-center project in Pennsylvania — BlackRock is leading a debt sale targeting …
Visa, Mastercard, Stripe, BlackRock, Coinbase, and 140+ companies join Open Standard to launch Open USD, a stablecoin that shares earnings from its reserves
Quick Take — Payment giants, banks, tech firms and crypto companies are among Open Standard's launch members.
Visa, Mastercard, Stripe, BlackRock, Coinbase, and 140+ companies join Open Standard to launch Open USD, a stablecoin that shares earnings from its reserves
Quick Take — Payment giants, banks, tech firms and crypto companies are among Open Standard's launch members.
Sources: BlackRock put in an order to buy at least $5B worth of SpaceX shares; SpaceX received an over $1B request from a single family-office investor
and is that family Trump? [embedded post]
Sources: BlackRock put in an order to buy at least $5B worth of SpaceX shares; SpaceX received an over $1B request from a single family-office investor
Other large asset managers made similarly eye-popping requests — Elon Musk's SpaceX is preparing to stage the largest public offering ever …
Modular data center maker Armada raised a $230M Series B co-led by Overmatch, 8090 Industries, and BlackRock at a $2B valuation, and plans a new Arizona factory
Armada, which builds modular data centers that are becoming increasingly popular with customers in defense, energy and the military sector …
Circle raised $222M via the presale of its native Arc token at a $3B valuation; a16z led with a $75M investment, with participation from BlackRock and others
Circle Internet Group has raised $222 million in the presale of Arc, the native token of its new blockchain …