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

Meta and BlackRock's new deal to develop and own a $14 billion data center in El Paso, Texas, illustrates Meta's strategy to build out AI infrastructure and share the cost. The data center will provide 1 gigawatt watt of compute capacity starting in 2028, and Meta will lease the entire campus without bearing it the majority of the cost and the debt. Now, Meta's getting access to compute to both power its own models and grow its ability to potentially lease computing power.Zuckerberg has said that getting in ...