# Meta taps Morgan Stanley, JPMorgan for $13B El Paso AI data center deal: report.

*fintech · news · 2026-05-05 · Seeking Alpha*

## Key points

- Meta is arranging up to $13 billion in financing for an El Paso, Texas AI data center.
- Morgan Stanley and JPMorgan are leading the financing package for Meta's new data center.
- This project highlights Meta's increased use of debt to fund its AI infrastructure expansion.
- The El Paso data center reflects Big Tech's rising capital requirements for supporting AI growth.

**Companies:** Meta Platforms, Morgan Stanley, JPMorgan
**Countries:** United States

[Read the full story on Seeking Alpha](https://seekingalpha.com/news/4585298-meta-taps-morgan-stanley-jpmorgan-for-13b-el-paso-ai-data-center-deal-report)

---

Canonical: https://newsio.io/n/b5ca79e6-707e-40b2-8515-0a814ed51642/meta-taps-morgan-stanley-jpmorgan-for-13b-el-paso-ai-data-center-deal-report
Summarized by Newsio from Seeking Alpha. https://newsio.io/how-it-works