$14 billion data center campus launched in Texas! Meta (META.US) partners with asset management giant BlackRock (BLK.US), further fueling the AI infrastructure arms race

智通财经2026/07/28 13:11

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Smart Finance APP reports that on Tuesday, Meta Platforms (META.US) and global asset management giant BlackRock (BLK.US) jointly announced they will co-develop and operate a data center campus located in El Paso, Texas. The overall development cost of the project is approximately $14 billion. Recently, BlackRock completed pricing for a $12.5 billion bond specifically tailored for this data center, marking that the funding puzzle for this major AI infrastructure project is nearly complete.

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