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Meta and BlackRock form $14 billion joint venture to build major AI data center in El Paso, Texas, bringing institutional asset manager capital into hyperscaler infrastructure.

Institutional investor validation of data center ROI; concentrates mega-facility capacity in power-abundant region; signals Wall Street treating AI infrastructure as core real-asset class.
Trade pressSlicast · July 29, 2026 · US · Source: qz.com
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