Meta and BlackRock have formed a venture to develop a $14 billion data center campus in El Paso, Texas, designed to support Meta's AI ambitions with 1 gigawatt of compute capacity. Meta will manage construction and operations, while BlackRock and partners provide capital and infrastructure expertise. The project will create over 4,000 construction jobs and 300 permanent roles, with operations expected to begin in 2028. This partnership accelerates AI infrastructure development and supports local economic growth through workforce training and community grants.