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Meta taps Morgan Stanley, JPMorgan for El Paso data center deal, Bloomberg News reports

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Meta Platforms is arranging roughly $13 billion in financing for a data center in El Paso, Texas, with Morgan Stanley and JPMorgan Chase leading the package. The deal underscores continued heavy investment in AI-related infrastructure and should support demand across data center, networking, and financing markets. While the news is largely strategic and early-stage, the scale of the financing is notable for Meta and the broader AI buildout.

Analysis

Meta Platforms is arranging roughly $13 billion in financing for a data center in El Paso, Texas, with Morgan Stanley and JPMorgan Chase leading the package. The deal underscores continued heavy investment in AI-related infrastructure and should support demand across data center, networking, and financing markets. While the news is largely strategic and early-stage, the scale of the financing is notable for Meta and the broader AI buildout.

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