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AI Data Center Investment stories — Geo News

AI Data Center Investment stories

Jul 29, 2026

Meta announces $14 billion El Paso data center campus with BlackRock

Meta Platforms announced plans to build a $14 billion artificial intelligence data center campus in El Paso, Texas, in partnership with BlackRock.

Jul 29, 2026·1 source

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Top claims

▪The $14 billion budget for the El Paso site covers development costs but does not include the cost of the chips it will host.
▪The El Paso campus is designed to provide 1 gigawatt of AI-optimized computing capacity.
▪The source suggests Meta may use the new campus to power a cloud infrastructure business it is reportedly building.

Subtopics

Texas AI Data Center Gold Rush AI Data platforms Compute, chips & AI infrastructure

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