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BlackRock Acquires 80% Stake in Meta's New AI Data Center
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BlackRock Acquires 80% Stake in Meta's New AI Data Center

By rawfin.tv Markets Desk||1 min read|AI-assisted · Methodology

BlackRock is set to acquire an 80% ownership stake in Meta Platforms' new AI data center located in El Paso. This strategic move follows a significant drop in Meta's stock earlier this year due to increased spending.

AI InfrastructureData CentersInvestmentTech SectorBlackRockMeta Platforms

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