Meta, BlackRock Plan to Invest in $14 Billion Data Center
2 sources·Updated July 28, 2026
Covered by 2 sources
- Globe and Mail Biz·3h agoMeta and Blackrock announce venture to develop data centre in El Paso
BlackRock-managed funds will take an 80-per-cent ownership stake in the venture, with Meta retaining the remaining 20 per cent
Read at Globe and Mail Biz → - Bloomberg Technology·4h agoMeta, BlackRock Plan to Invest in $14 Billion Data Center
Meta Platforms Inc. and BlackRock Inc. will establish a joint venture to build and operate a 1-gigawatt data center complex in Texas, adding to a wave of investment in the computing hubs that power artificial intelligence.
Read at Bloomberg Technology →
