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Meta, BlackRock building US$14bn facility in Texas - Taipei Times
Meta Platforms Inc and BlackRock Inc plan to build a 1-gigawatt data center in Texas that would cost about US$14 billion to develop, adding to a wave of investment in the computing hubs that power artificial intelligence (AI).The facility would go online in 2028 with Meta as the initial sole tenant,
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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.
