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Meta Seeks $13 Billion in Financing for Texas AI Data Center, Led by Morgan Stanley and JPMorgan

GateNews
StocksAI Industry News

According to Beating, Meta is seeking approximately $13 billion in financing for an artificial intelligence data center in Texas, with Morgan Stanley and JPMorgan leading the effort. The financing structure will consist primarily of debt, with the remainder in equity, according to people familiar with the matter. The discussions remain in early stages, with specific terms still under negotiation.

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