AI Development

Meta and BlackRock announce $14 billion AI data center in El Paso

July 28, 2026 · Medium importance · Infrastructure

Meta and BlackRock formed a joint venture to develop an approximately $14 billion AI data center campus in El Paso, Texas, spanning about 1,000 acres and targeting 1 GW capacity with expected operations around 2028. The project underscores the accelerating scale of physical infrastructure investment required to support frontier AI training and inference.

Date
July 28, 2026
Importance
Medium 3/5
Category
Infrastructure
Axis of Change
Compute Scale
Organizations
Meta BlackRock
Models Affected
No specific model identified
  1. 01 bnnbloomberg.ca