BlackRock (BLK) Is Up 5.7% After $14 Billion Meta AI Data Center Deal - Has The Bull Case Changed?
Meta Platforms, Inc. and BlackRock, Inc. recently announced a venture to develop and own a US$14.00 billion, 1‑gigawatt data center campus in El Paso, Texas, with funds managed by BlackRock holding an 80% stake and Meta contributing land and construction‑in‑progress assets valued at about …