Meta convinces Blue Owl to cut $30B check for its Hyperion AI super cluster • Hacker News Board

Re: Meta convinces Blue Owl to cut $30B check for its Hyperion AI super cluster

#11

Post by lazide » Sat, Oct 18, 2025, 4:32 PM UTC

pcurve wrote: post #7

This article doesn't mention it, but PIMCO is lead lender "Pacific Investment Management Co. (PIMCO) is the anchor lender on the deal. The debt, which matures in 2049, is fully amortising and has been rated A+ by S&P. The bonds were priced at around 225 basis points over U.S. Treasuries." https://pe-insights.com/blue-owl-and-meta-close-record-30bn-... Oof.. I don't know about this one.

Pimco - the company that originated all those bonds every pension fund is sitting on.

Re: Meta convinces Blue Owl to cut $30B check for its Hyperion AI super cluster

#12

Post by trollbridge » Sat, Oct 18, 2025, 4:32 PM UTC

Ekaros wrote: post #6

Debt financed. Who is loaning money to these things? I feel there must be an other level of bubble there...

It’s private money, like if you went and asked your uncle for a loan.

Re: Meta convinces Blue Owl to cut $30B check for its Hyperion AI super cluster

#13

Post by prepend » Sat, Oct 18, 2025, 4:32 PM UTC

Ekaros wrote: post #6

Debt financed. Who is loaning money to these things? I feel there must be an other level of bubble there...

Seems like a stable investment with returns locked in through 2049 unless Facebook defaults.

Re: Meta convinces Blue Owl to cut $30B check for its Hyperion AI super cluster

#14

Post by temp0826 » Sat, Oct 18, 2025, 4:41 PM UTC

mlnj wrote: post #5

sottol wrote: post #3

Earlier quoted context omitted.

$30B ... 2GW datacenter ... ??? ... AGI

Everyone is very silent on AGI in the past months. The latest from AI is better targeted ads and better adult content didn't you hear?

If I was going to start a shitcoin scam I'd call it AGI

Re: Meta convinces Blue Owl to cut $30B check for its Hyperion AI super cluster

#15

Post by 1123581321 » Sat, Oct 18, 2025, 4:45 PM UTC

A little more detail in the linked Bloomberg report. https://archive.ph/2025.10.18-043843/https://www.bloomberg.c...

Re: Meta convinces Blue Owl to cut $30B check for its Hyperion AI super cluster

#16

Post by perihelions » Sat, Oct 18, 2025, 4:47 PM UTC

chiph wrote: post #8

Is there enough power in the nearby parishes to supply 2.2GW? Also - will there be enough skilled labor?

> "As we learned in December, Meta has commissioned a new natural gas generator plant to be built by local utility operator Entergy. At least for the initial build out, the gas plant would employ three combined cycle combustion turbine generators with a total generative capacity of over 2.2 gigawatts."

Re: Meta convinces Blue Owl to cut $30B check for its Hyperion AI super cluster

#17

Post by fishmicrowaver » Sat, Oct 18, 2025, 4:47 PM UTC

chiph wrote: post #8

Is there enough power in the nearby parishes to supply 2.2GW? Also - will there be enough skilled labor?

Nope, they're not betting on connecting to the grid. They're going to burn natural gas / shale oil.

Re: Meta convinces Blue Owl to cut $30B check for its Hyperion AI super cluster

#18

Post by erichocean » Sat, Oct 18, 2025, 4:54 PM UTC

mlnj wrote: post #5

sottol wrote: post #3

Earlier quoted context omitted.

$30B ... 2GW datacenter ... ??? ... AGI

Everyone is very silent on AGI in the past months. The latest from AI is better targeted ads and better adult content didn't you hear?

I don't know about AGI, but AI employees replacing human labor is well within range today.

Re: Meta convinces Blue Owl to cut $30B check for its Hyperion AI super cluster

#19

Post by dom96 » Sat, Oct 18, 2025, 5:05 PM UTC

Meta has plenty of money, why do they need private equity to fund this?

Re: Meta convinces Blue Owl to cut $30B check for its Hyperion AI super cluster

#20

Post by consumer451 » Sat, Oct 18, 2025, 5:09 PM UTC

dom96 wrote: post #19

Meta has plenty of money, why do they need private equity to fund this?

Isn't the first rule of business that you spend other people's money, whenever possible?