Meta and BlackRock have formed a venture that will own the gigawatt-scale data center campus Meta is building in El Paso, Texas, with funds managed by BlackRock taking an 80% interest and Meta keeping the remaining 20%. The two companies announced the deal on July 28, 2026 and expect it to close within days. The structure moves the buildings and the long-lived power, cooling and connectivity infrastructure of a 1 gigawatt campus into a jointly owned vehicle, leaving Meta as tenant and operator… [...]
Meta has folded its half-built El Paso data centre into a joint venture with BlackRock, formalising a structure that keeps most of a $14bn project off its own books. Under the agreement, funds managed [...]
Some of the most successful creators on Facebook aren't names you'd ever recognize. In fact, many of their pages don't have a face or recognizable persona attached. Instead, they run pa [...]
On Monday, JPMorgan and Morgan Stanley began pitching investors on a bond sale of at least $12 billion, as The Wall Street Journal reported. The money will build a Meta data centre in El Paso, Texas. [...]
At Meta Connect 2025's kickoff event, Mark Zuckerberg unveiled a trio of new smart eyewear, including its first model with augmented reality. Meta's boss also announced the second generation [...]
Meta Connect, the company's annual event dedicated to all things AR, VR, AI and the metaverse is just days away. And once again, it seems like it will be a big year for smart glasses and AI.<b [...]