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Meta Plans $13 Billion Financing for Texas AI Data Center, Led by Morgan Stanley and JPMorgan
According to monitoring by Dongcha Beating, Meta is formulating a financing plan of approximately $13 billion for a data center located in El Paso, Texas, led by Morgan Stanley and JPMorgan. In March of this year, Meta announced a significant expansion of its investment in the AI data center to over $10 billion, and this external financing represents the latest development for the project. Sources indicate that the majority of this financing will be in the form of debt, with the remainder being equity financing. Discussions are still in the early stages, and specific terms are still being adjusted.