Meta와 BlackRock이 텍사스 엘 파소에 AI 데이터 센터 캠퍼스 개발을 위한 조인트 벤처를 발표했다. BlackRock 운용 펀드는 80% 지분을 위해 약 $14B를 약정하고, Meta는 20% 지분을 확보하며 초기 4년과 갱신 옵션 4개(최대 20년)의 장기 리스 계약에 서명한다.
Meta and BlackRock have formed a joint venture to develop a $14 billion data center campus in El Paso, Texas, designed to support Meta’s artificial intelligence ambitions with 1 gigawatt of compute capacity. Meta will manage construction and operations, while BlackRock and its partners will provide capital and infrastructure expertise. The project will create more than 4,000 construction jobs and 300 permanent roles, with operations expected to begin in 2028. This partnership accelerates AI infrastructure development and supports local economic growth through workforce training and community grants.
Jim Cramer recently characterized the Magnificent Seven tech stocks—Amazon, Alphabet, Meta, Microsoft, Nvidia, and Tesla—as a generational buying opportunity, arguing they remain undervalued due to heavy AI infrastructure spending. He believes this capital investment cycle validates their long-term strategic positioning. Meta Platforms, Inc. has also launched its Muse Spark 1.3 AI model, which significantly narrows the performance and token efficiency gap with leading models from Anthropic and OpenAI. The release strengthens Meta’s AI strategy by improving token utilization and overall model efficiency.
The Schwab U.S. Large-Cap Growth ETF (SCHG) has lagged broader growth and market ETFs in 2026 due to its heavy concentration in just three technology giants—NVIDIA, Apple, and Microsoft—which comprise nearly a third of its holdings. Despite being marketed as a diversified large-cap growth fund, this concentration has constrained its performance. Goldman Sachs similarly notes that the AI capital spending cycle remains in its early stages, driven by a structural shift from consumer-led to corporate capex-led growth in the U.S. economy. While stocks like NVIDIA led earlier market gains, leadership is now rotating across the sector as the industry enters its next growth phase.
Meta—the parent company of Facebook and Instagram—has agreed to an $18 billion settlement following accusations from U.S. states that its platforms harm children through addictive design features. The agreement imposes strict restrictions on teen accounts, including time limits and usage controls, aimed at mitigating psychological harm and promoting safer platform engagement.