business / news / / Reuters
Meta Platforms (META.O) is working on a roughly $13 billion financing package for a data center in Texas.
Meta Platforms is pursuing a $13 billion financing package for a new data center.
KEY POINTS
- The data center will be located in El Paso, Texas.
- Morgan Stanley and JPMorgan Chase are leading the financing effort for Meta.
- Bloomberg News was the first to report this development, citing anonymous sources.
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