On Friday, Meta Platforms, Inc. (META.US) gained nearly 2% during intraday trading, continuing to reach new record highs as its total market capitalization surpassed $2 trillion for the first time, making it the sixth US-listed company to achieve a $2 trillion market cap. On the news front, sources previously revealed that as the artificial intelligence infrastructure race intensifies, Meta has selected Pacific Investment Management Company (PIMCO) and Blue Owl Capital Inc. to lead $29 billion in financing for its data center expansion project in rural Louisiana.
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