Meta and BlackRock announce 1 GW data centre campus in El Paso

Meta Platforms and BlackRock have announced a venture to develop and own a data centre campus in El Paso, Texas. The campus will have 1 gigawatt of compute capacity and should accelerate progress on AI models as well as support enhancements to the core business. The transaction is expected to close in the coming days and the venture expects to start bringing this capacity online in 2028.