AI Matters
Why it matters
Meta and BlackRock team up to build a Texas data center
Meta AI Meta Announces New Strategic Venture With BlackRock to Develop Data Center in El Paso
Meta and BlackRock announced a venture to finance and operate a new AI data center campus in El Paso, Texas.
Why it matters
The investment adds to the buildout of AI computing power, which affects electricity demand and jobs in the region.
Latest brief · Jul 28, 2026