Meta Hands BlackRock 80% Stake in New $14B AI Data Center
Meta and BlackRock formed a joint venture to build a 1-gigawatt AI data center in El Paso, Texas, shifting most of the roughly $14 billion project off Meta's balance sheet.
Read more →AI Data Center Buildoutand Meta
Every AI News story tagged with both AI Data Center Buildout and Meta — the two topics side by side, updated as new articles publish.
5 articles
Meta Expands Louisiana AI Data Center to $50 Billion, 5 Gigawatts
Meta is expanding its Hyperion data center in Richland Parish, Louisiana, to 5 gigawatts of capacity, pushing total investment past $50 billion and funding local schools and infrastructure.
Read more →Meta Breaks Ground on $13B AI Data Center in Alberta, Canada
Meta has begun construction on a 1-gigawatt, AI-optimized data center in Alberta — its first in Canada and 33rd globally, backed by a CAD $13 billion investment.
Read more →Meta to Start Producing In-House AI Chip 'Iris' in September
Meta plans to begin manufacturing its in-house "Iris" AI chip in September, aiming to double its data center computing capacity to 14 gigawatts by 2027, an internal memo reviewed by Reuters shows.
Read more →Qualcomm Unveils Dragonfly Data Center Chip Family, Wins Meta as First Customer
Qualcomm on June 24 unveiled the Dragonfly data center chip family — a 250-core Arm-based CPU and a new inference accelerator — with Meta signed on to deploy the hardware in its server fleet from 2028.
Read more →