Meta Platforms has teamed with Morgan Stanley and JPMorgan Chase to arrange roughly $13 billion in financing—primarily debt—for its El Paso, Texas, artificial‑intelligence data center. The package, tied to a projected 1‑gigawatt facility slated to open in 2028, would rank among the largest single‑site digital‑infrastructure financings ever assembled. The move reflects Meta’s expanding 2026 capital‑expenditure plan and signals strong credit‑market appetite for AI‑related projects. Read more →