The new data center will help support Meta's AI workloads, which are expected to increase in the coming years.
Meta and BlackRock partner on a $10B, 1GW El Paso data center (online 2028) for Meta AI and high-compute workloads. The deal signals AI infrastructure at scale requires megafund financing, shifting how enterprises approach AI infrastructure investment.
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Meta and BlackRock are building a new data center in El Paso, Texas. The 1GW data center will be used to support AI applications.
Paul Hill
Neowin
@ziks_99 ·
Meta Platforms and BlackRock are developing a $14 billion data center campus in El Paso, Texas. BlackRock-managed funds will own…
Meta and BlackRock announce a venture to finance the development and operation of a data center campus in El Paso, Texas.
Meta Announces New Strategic Venture with BlackRock to Develop Data Center in El Paso
July 28 : Meta Platforms and the world's largest asset manager BlackRock on Tuesday announced a venture to develop and operate a…
BlackRock is marketing $12.3 billion in bonds to finance a 1-gigawatt Meta data center in El Paso, Texas, through an 80/20 joint…
BlackRock is leading a $12bn debt sale to build Meta's El Paso data centre, owning 80% and keeping most of the cost off Meta's…
