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techLOW2026-05-04 22:56 UTC

Meta Taps Morgan Stanley, JPMorgan for El Paso Data Center Deal

Meta Platforms Inc. is working on a financing package for a data center in El Paso, Texas, that could total roughly $13 billion, underscoring Big Tech’s growing reliance on debt to bankroll the infrastructure behind the AI boom.

ORIGINAL SOURCE →via Bloomberg Markets
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