Meta and BlackRock Form $14 Billion Joint Venture to Build Massive Texas AI Data Center.
Executive Summary: Private Equity Meets Superintelligence Infrastructure In one of the largest corporate infrastructure partnerships of the decade, social media giant Meta Platforms ($META) and asset management titan BlackRock ($BLK) have formed a landmark $14 billion joint venture to build a 1-gigawatt AI data center complex in El Paso, Texas. Under the terms of the … Read more