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BlackRock (BLK) Agrees to Invest in an AI Data Center Campus With Meta in El Paso
The Apex Times

THE APEX TIMES

Business/The Apex Times/Aug 10, 9:29 AM EDT

BlackRock (BLK) Agrees to Invest in an AI Data Center Campus With Meta in El Paso

A reported infrastructure partnership would combine BlackRock’s capital and asset-management experience with Meta’s AI compute needs, targeting a new AI-focused data center campus in El Paso.

2 min readEditor-approved Apex article

BlackRock said it has tied up a major investment plan linked to AI data center infrastructure in partnership with Meta, according to a report published by Yahoo Finance on Aug. 10, 2026. The proposal is described as a large, AI-focused data center campus in El Paso, with both companies participating through a mix of joint investment and shared ownership of the new facilities.

The reported scale of the arrangement is about $14 billion. The Yahoo Finance article frames the partnership as an infrastructure build-out intended to support Meta’s expanding AI workload, with BlackRock acting as a major capital partner rather than as an operating data-center operator.

The structure, as described in the report, centers on shared ownership of the assets and a significant joint investment commitment from BlackRock and Meta. Shared ownership typically means each party holds an economic interest in the facilities, rather than one side buying the project outright or funding it without ongoing participation.

BlackRock, whose shares trade on the New York Stock Exchange under the ticker BLK, has increasingly emphasized partnerships and longer-duration infrastructure themes as part of its broader investment platform. While the report focuses on the AI data center campus, the broader implication is that the firm is continuing to deploy balance-sheet resources and investor capital into large-scale physical infrastructure tied to technology demand.

Meta has been investing heavily in data centers and power capacity to support AI and machine-learning systems, and a new campus in a specific U.S. location reflects the practical constraints of building compute at scale, including land, utilities, and construction timelines. The report’s El Paso reference suggests a siting decision designed to match those build requirements rather than a general statement about AI expansion.

As of publication, the report does not provide further operational specifics in the information available here, including the exact ownership percentages, the timeline for construction milestones, expected capacity in megawatts, or the financing mechanics beyond the headline investment figure. It also does not spell out whether either party plans to consolidate results in financial statements or how revenue and operating costs would be allocated between partners.

BlackRock did not disclose additional deal terms in the material available for this story, beyond what the Yahoo Finance report characterizes as joint investment and shared ownership tied to an AI data center campus. That leaves key questions open for investors and industry observers, particularly around whether the commitment is fully committed capital or subject to construction, permitting, or demand-based conditions.

Why It Matters

  • A partnership of this size indicates how quickly AI compute demand is pulling in large pools of long-horizon infrastructure capital.
  • Shared ownership models can shift risk allocation compared with build-to-own or contractor-only structures, which may affect returns for investors in similar assets.
  • If the El Paso campus proceeds as described, it could influence regional data-center build patterns and associated demand for power, construction labor, and equipment procurement.
  • The lack of disclosed ownership percentages and timelines, in the information available here, means market participants will watch for formal filings or investor disclosures before drawing conclusions on financial impact.

Sources

Key Facts

  • BlackRock (NYSE: BLK) was reported by Yahoo Finance to be partnering with Meta on an AI-focused data center campus in El Paso.
  • The reported total investment size is about $14 billion.
  • The arrangement is described as involving joint investment and shared ownership of the new facilities.
  • The deal is characterized as supporting Meta’s AI infrastructure needs.

Finance Related

Aug 10, 9:45 AM EDT
The Apex Times

BlackRock signs labor deal tied to AI-linked construction work, unions say

In a market update published Wednesday, Yahoo Finance said BlackRock reached an agreement with unions related to hiring and training for artificial intelligence-linked construction projects. The company’s and union’s statements were characterized as part of a recent press release, but key deal terms were not included in the report.

BlackRock signs labor deal tied to AI-linked construction work, unions say
The Apex Times