Meta, BlackRock partner on $14 billion El Paso data center

Summary

Meta and BlackRock are building a $14B data-center campus in El Paso, with BlackRock-managed funds owning 80% and Meta 20%. It is another sign that hyperscaler AI capex remains very much alive.

Why it matters

The AI buildout is still a giant infrastructure story, and the beneficiaries are increasingly power, land, cooling, and networking suppliers. Large-scale compute commitments also make procurement and interconnect capacity strategic variables.

Founder/operator read

Hyperscaler demand is now a long-duration planning variable. If your business sits in the infrastructure stack, think in terms of multiyear capacity commitments and procurement cycles.

Original source

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