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Meta plans $10B campus to launch in 2028 as AI infrastructure arms race heats up
Meta is investing $10 billion in an AI data center campus in El Paso, Texas, set for 2028 launch, part of a broader $135B capital expenditure
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forbes.com
BlackRock Buys 80% Stake In New Meta Data Center
Meta stock plummeted almost 10% earlier this year—wiping $175 billion from its market cap—after the company hiked its expected capital spending for AI infrastructure.
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about.fb.com
Meta Announces New Strategic Venture With BlackRock to Develop Data Center in El Paso
Meta and BlackRock announce a venture to finance the development and operation of a data center campus in El Paso, Texas.
