Meta and BlackRock have entered a $14 billion strategic partnership to develop a massive AI data center in Texas to support growing processing needs. Meta subsequently disclosed that its future lease obligations for AI infrastructure surged 53% in three months, reaching $279 billion. Additionally, the company expanded its AI portfolio by launching 'Muse Code,' a coding agent designed to compete with rivals Anthropic and OpenAI.
CEO Mark Zuckerberg announced Meta will open source its flagship Muse Spark 1.2 model and launch Muse Glimmer for local edge computing.
Read the full storyMeta debuts its first AI coding agent, Muse Code, developed by its Superintelligence Labs to challenge dominant specialized AI firms.
A regulatory filing reveals a 53% surge in Meta's future lease obligations, primarily driven by massive investments in AI data center capacity.
The $14 billion strategic partnership aims to develop advanced infrastructure in Texas to support growing data processing needs and AI technologies, bolstering BlackRock's real asset investments.