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Meta and BlackRock Partner on $14 Billion Texas Data Center, Nvidia Involved
Meta and BlackRock are partnering to develop a $14 billion data center campus in El Paso, Texas, with BlackRock completing $12.5 billion in bond financing for the project. Nvidia is also reportedly involved, behind a $50 billion lease on a Texas data center that will utilize its chips.
28 Jul, 04:00 — 28 Jul, 17:47
The Story
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bloombergHigh18h ago
Meta, BlackRock Bet $14B on AI Buildout
Meta and BlackRock are investing $14 billion in a Texas data center campus, the latest sign that the AI infrastructure buildout is showing no signs of slowing. Bloomberg Intelligence Senior Technology Credit Analyst Robert Schiffman discusses what it means on Bloomberg Open Interest. (Source: Bloomberg)
Read full article →FTVery High1d ago
Nvidia behind $50bn lease on Texas data centre that will use its chips
CEO Jensen Huang deploys balance sheet to backstop growth of AI computing market
Read full article →Coverage Timeline
First report: FT · 28 Jul, 04:00|Full coverage: 8 · 14h|Window: 14h
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