CryptoWorld News, Meta is developing a financing plan of approximately $13 billion for an AI data center located in El Paso, Texas, led by Morgan Stanley and JPMorgan. In March this year, Meta announced a significant expansion of the investment in the AI data center to over $10 billion. This external financing is the latest development for the project. Sources familiar with the matter revealed that the vast majority of this financing will be in the form of debt, with the rest being equity financing. The discussions are still in the early stages, and specific terms are still being negotiated.

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin