Meta and BlackRock Launch El Paso Data Center Venture Expected to Create More Than 4,300 Jobs
· Texas Border Business
Meta Platforms Inc. and BlackRock Inc. have announced a partnership to develop a data center campus in El Paso, Texas, aimed at enhancing artificial intelligence capabilities. The facility, which is currently under construction, will have a computing capacity of 1 gigawatt and is expected to create over 4,300 jobs, including 300 permanent positions. Meta is investing more than $10 billion in the project, which will also include workforce development initiatives and a $500,000 grant for STEM education in local schools. The total development cost is projected to be around $14 billion, with BlackRock holding an 80% stake.
AI summary · Source: Texas Border Business →
