--- type: "Topics" locale: "en" url: "https://longbridge.com/en/topics/100000000820022.md" description: "āš” š”ššƒš€š“š„: Meta and BlackRock Form $šŸ­šŸ° š—•š—¶š—¹š—¹š—¶š—¼š—» AI Data Center Joint Venture - $Meta Platforms(META.US) $BlackRock(BLK.US) šŸ‘‰ š—žš—²š˜† š—›š—¶š—“š—µš—¹š—¶š—“š—µš˜š˜€:āž¤ š— š—²š˜š—® and š—•š—¹š—®š—°š—øš—„š—¼š—°š—ø launch a $šŸ­šŸ° š—Æš—¶š—¹š—¹š—¶š—¼š—» data center joint venture.āž¤ š—•š—¹š—®š—°š—øš—„š—¼š—°š—ø funds will own šŸ“šŸ¬%; Meta will retain šŸ®šŸ¬%.āž¤ Meta will contribute land and construction assets valued at $šŸ®.šŸÆ š—Æš—¶š—¹š—¹š—¶š—¼š—».āž¤ BlackRock will contribute approximately $šŸ°.šŸµ š—Æš—¶š—¹š—¹š—¶š—¼š—» in cash.āž¤ Meta will receive a one-time distribution of approximately $šŸ­ š—Æš—¶š—¹š—¹š—¶š—¼š—».āž¤ BlackRock will fund part of its investment through $šŸ­šŸ®.šŸ± š—Æš—¶š—¹š—¹š—¶š—¼š—» in debt financing.āž¤ El Paso campus is planned to deliver šŸ­ š—“š—¶š—“š—®š˜„š—®š˜š˜ of compute capacity.āž¤ Meta will be the sole initial tenant, with capacity expected online in šŸ®šŸ¬šŸ®šŸ“.āž¤ Project is expected to support over šŸ°,šŸ¬šŸ¬šŸ¬ peak construction jobs and šŸÆšŸ¬šŸ¬ permanent roles.šŸ‘‰ š—Ŗš—µš˜† š—§š—µš—¶š˜€ š— š—®š˜š˜š—²š—暝˜€:āž¤ Demonstrates growing use of infrastructure partnerships to finance large-scale AI expansion.āž¤ Supports Meta's long-term AI compute needs while reducing upfront capital requirements.āž¤ Highlights rising institutional investment in AI infrastructure and hyperscale data centers.āž¤ Reinforces strong demand for next-generation AI computing capacity." datetime: "2026-07-28T10:34:23.000Z" locales: - [en](https://longbridge.com/en/topics/100000000820022.md) - [zh-CN](https://longbridge.com/zh-CN/topics/100000000820022.md) - [zh-HK](https://longbridge.com/zh-HK/topics/100000000820022.md) author: "[Hardik Shah](https://longbridge.com/en/profiles/27423834.md)" generator: "portal-rs" --- # āš” š”ššƒš€š“š„: Meta and BlackRock Form $šŸ­šŸ° š—•š—¶š—¹š—¹š—¶š—¼š—» AI Dā€¦ ### Related Stocks - [BLK.US](https://longbridge.com/en/quote/BLK.US.md) - [META.US](https://longbridge.com/en/quote/META.US.md) - [BTX.US](https://longbridge.com/en/quote/BTX.US.md) - [BIT.RT*.US](https://longbridge.com/en/quote/BIT.RT*.US.md) - [BDJ.US](https://longbridge.com/en/quote/BDJ.US.md) - [BSTZ.US](https://longbridge.com/en/quote/BSTZ.US.md) - [BIT.RT.US](https://longbridge.com/en/quote/BIT.RT.US.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**