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Meta partnered with BlackRock to develop a 1 GW AI data center campus in El Paso, Texas, combining hyperscaler compute infrastructure with institutional capital infrastructure financing.

Signals major new US capacity coming online and validates financial-institution co-investment model for large-scale data center development.
Trade pressSlicast · July 29, 2026 · Global · Source: Data Center Dynamics
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Meta partnered with BlackRock to develop a 1… · Slicast