Latest news with #AnnegretHilse
The Star
14 hours ago
- Business
- The Star
Meta seeks $29 billion from private capital firms for AI data centers, FT reports
FILE PHOTO: A Meta logo is pictured at a trade fair in Hannover Messe, in Hanover, Germany, April 22, 2024. REUTERS/Annegret Hilse/File Photo (Reuters) -Meta Platforms is seeking to raise $29 billion from private capital firms to build artificial intelligence data centers in the U.S., the Financial Times reported on Friday. The Facebook-parent has advanced discussions with private credit investors including Apollo Global Management, KKR, Brookfield, Carlyle and Pimco, the report said, citing people familiar with the matter. Meta is looking to raise $3 billion in equity and $26 billion in debt, the report said, adding that the company is debating how to structure the fundraising and may also seek to raise more capital. Such a fundraising comes at a time when Meta has doubled down its commitment to artificial intelligence, including a $14.8 billion investment in startup Scale AI. Meta, Apollo Global, KKR, Brookfield, Carlyle and Pimco did not immediately respond to Reuters' requests for comment. Meta was working with its advisers at Morgan Stanley to arrange the financing, and it was considering ways that could make the debt more easily tradeable once it was issued, the FT report said. (Reporting by Harshita Mary Varghese in Bengaluru; Editing by Maju Samuel)
The Star
18-06-2025
- Business
- The Star
Meta in talks to hire former GitHub CEO Nat Friedman to join AI efforts, The Information reports
FILE PHOTO: A Meta logo is pictured at a trade fair in Hannover Messe, in Hanover, Germany, April 22, 2024. REUTERS/Annegret Hilse/File Photo (Reuters) -Meta Platforms is in talks to hire former GitHub CEO Nat Friedman to join the Facebook parent's AI efforts, The Information reported on Wednesday, citing a person familiar with the matter. The social media giant is also in discussion with Daniel Gross, Friedman's partner in the investment fund NFDG, about joining the company to work on AI, the report added. Meta did not immediately respond to a Reuters request for comment. The company is also in talks to partially buy out NFDG, the report said. Big tech companies are doubling down on AI partnerships and investment to stay ahead in the race for dominance. Meta announced a $14.8 billion investment in Scale AI last week, its second-largest investment to date. The company hired Scale AI CEO, Alexandr Wang, to work with Meta and lead its new superintelligence unit. Friedman is part of Meta's Advisory Group, an external advisory council established by the company to provide guidance on technology and product development. (Reporting by Harshita Mary Varghese in Bengaluru; Editing by Alan Barona)
The Star
16-06-2025
- Business
- The Star
Microsoft lays out data protection plans for European cloud customers
FILE PHOTO: A Microsoft sign is pictured at a trade fair in Hannover Messe, in Hanover, Germany, April 22, 2024. REUTERS/Annegret Hilse/File Photo STOCKHOLM (Reuters) -Microsoft on Monday said data stored by its European cloud customers would stay in Europe, under European Law, with operations controlled by its local personnel, and under full control of customers. European companies and governments have been increasingly worrying about their data being moved outside the continent into the hands of other countries such as the U.S., pushing the American companies such as Microsoft to announce safeguards. Microsoft in April laid out plans to protect user data as it expands its cloud and AI infrastructure in Europe, including respecting European laws seeking to rein in the power of large technology companies. On Monday, the company said all remote access by Microsoft engineers to the systems that store and process European data would be approved and monitored by European resident personnel in real-time. Microsoft said its sovereign private cloud is in preview mode currently and will be generally available later this year. (Reporting by Supantha Mukherjee in Stockholm; Editing by Christian Schmollinger)
The Star
06-06-2025
- Sport
- The Star
Soccer-France lose Dembele and Barcola to injury ahead of Germany clash
Soccer Football - Nations League - Semi Final - Spain v France - MHPArena, Stuttgart, Germany - June 5, 2025 France's Ousmane Dembele during the warm up before the match REUTERS/Annegret Hilse
Straits Times
31-05-2025
- Sport
- Straits Times
Paris erupts in euphoria before skirmishes as PSG win Champions League
Soccer Football - Champions League - Final - Paris St Germain v Inter Milan - Allianz Arena, Munich, Germany - May 31, 2025 Paris St Germain fans invade the pitch after winning the Champions League REUTERS/Annegret Hilse Soccer Football - Champions League - Final - Paris St Germain v Inter Milan - Allianz Arena, Munich, Germany - May 31, 2025 Paris St Germain coach Luis Enrique lifts the trophy as he celebrates with his players after winning the Champions League REUTERS/Kai Pfaffenbach TPX IMAGES OF THE DAY Soccer Football - Champions League - Final - Paris St Germain v Inter Milan - Allianz Arena, Munich, Germany - May 31, 2025 Paris St Germain fans invade the pitch after winning the Champions League REUTERS/Angelika Warmuth Soccer Football - Champions League - Final - Paris St Germain v Inter Milan - Allianz Arena, Munich, Germany - May 31, 2025 Paris St Germain fans invade the pitch after winning the Champions League REUTERS/Angelika Warmuth Soccer Football - Champions League - Final - Paris St Germain v Inter Milan - Allianz Arena, Munich, Germany - May 31, 2025 Paris St Germain fans invade the pitch after winning the Champions League REUTERS/Annegret Hilse Soccer Football - Champions League - Final - Paris St Germain fans gather in Paris - Paris, France - May 31, 2025 Paris St Germain fans celebrate with flares on the Champs Elysees avenue near the Arc de Triomphe after winning the Champions League REUTERS/Abdul Saboor Soccer Football - Champions League - Final - Paris St Germain fans gather in Paris - Paris, France - May 31, 2025 Paris St Germain fans celebrate on the Champs Elysees avenue near the Arc de Triomphe after winning the Champions League REUTERS/Abdul Saboor Soccer Football - Champions League - Final - Fans gather to watch Paris St Germain v Inter Milan - Parc des Princes, Paris, France - May 31, 2025 Paris St Germain fans celebrate their second goal scored by Desire Doue REUTERS/Tom Nicholson Soccer Football - Champions League - Final - Paris St Germain fans gather in Paris - Paris, France - May 31, 2025 Paris St Germain fans celebrate with flares on the Champs Elysees avenue near the Arc de Triomphe after winning the Champions League REUTERS/Abdul Saboor Soccer Football - Champions League - Final - Fans gather to watch Paris St Germain v Inter Milan - Parc des Princes, Paris, France - May 31, 2025 Paris St Germain fans react as they watch the final against Inter Milan REUTERS/Tom Nicholson TPX IMAGES OF THE DAY Paris erupts in euphoria before skirmishes as PSG win Champions League PARIS - Wild celebrations erupted across the French capital on Saturday after Paris St Germain crushed Italian opponents Inter Milan to win the Champions League for the first time, although skirmishes with police later threatened to spoil the party. On the Champs Elysees, bus shelters were smashed up and projectiles hurled at riot police, who fired tear gas and water canons to push back surging crowds as thousands of supporters descended on the boutique-lined boulevard. There were also clashes with police on the Paris ring road and at least two cars were torched near PSG's Parc des Princes stadium. Inside the stadium, transformed into a giant fan zone for the night, 48,000 people let out a roar of ecstasy at the final whistle in Munich. "Total euphoria, crazy atmosphere," said Gilles Gailliot who had been watching the game in the Paris stadium. "It made up for the wait and the years of disappointment. Finally Paris and its supporters have been rewarded," Gailliot added. Parisians set off fireworks and hung out of moving cars waving PSG scarves, delighting in their side's first victory in European soccer's top competition. Nearby, the Eiffel Tower lit up in PSG's blue and red colours. "I couldn't dream of a better night," said 18-year-old Amine. "Let's spare a thought for Mbappe." France striker Kylian Mbappe left PSG for Spanish club Real Madrid last year in pursuit of Champions League glory. ARRESTS Some 5,400 police were deployed across Paris in anticipation of raucous celebrations. Interior Minister Bruno Retailleau urged a zero-tolerance approach to maintaining order amid the celebrations. "True PSG supporters are enjoying their team's magnificent match. Meanwhile, barbarians have taken to the streets of Paris to commit crimes and provoke the police," the minister tweeted. Police had made more than 130 arrests by shortly after midnight. PSG playmaker Ousmane Dembele urged supporters to keep the party festive. "Let's celebrate this but not tear everything up in Paris," Dembele told Canal+. French President Emmanuel Macron, an ardent supporter of Olympique de Marseille, tweeted: "A glorious day for PSG! Bravo, we are all proud. Paris, the capital of Europe this evening." Macron's office said the president would receive the players at the Elysee Palace on Sunday. The team are also expected to parade down the Champs Elysees. PSG lost the final to Bayern Munich in 2020 and had teetered on the brink of elimination in the league phase this season before claiming the trophy their deep-pocketed Qatari owners had craved. On the streets, fans lauded the exploits of Desire Doue, who scored twice, and manager Luis Enrique. "What (Doue) did tonight is crazy but it is all thanks to Luis Enrique. The guy came and he changed everything," supporter Francis Delert said. REUTERS Join ST's Telegram channel and get the latest breaking news delivered to you.
