How big can AI spending get? In a hold-my-beer moment, Meta Platforms announced Wall Street’s biggest-ever

$27 billion private credit deal to fund a Louisiana data center.

It’s not just us mere mortals trying to wrap our brains around these mind-boggling numbers, as one of the world’s biggest hedge funds seems dumbfounded. In our

call of the day, the $2 billion-plus Greenlight Capital hedge fund explains why it’s “refusing to participate in the excitement” of AI and the one stock it has much more faith in.