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Meta Announced Strategic Venture With BlackRock To Develop 1-Gigawatt El Paso Data Center; Meta Investing Over $10B

Jul 28, 2026 · 05:37 AM ET· updated 3h ago

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Why It Matters

Meta and BlackRock are teaming up to build a huge computer center in El Paso that uses a lot of power, and Meta is spending over $10 billion on it. This shows Meta is betting big on having the computers it needs for artificial intelligence and data work.

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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.

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