Meta picks Morgan Stanley, JPMorgan for El Paso data center financing, source says
May 4 (Reuters) – Meta Platforms is working with Morgan Stanley and JPMorgan Chase on a roughly $13 billion financing package for a data center in El Paso, Texas, a source familiar with the matter told Reuters on Monday. Bloomberg News, which first reported the news, said a majority of the financing is expected to be in the form of debt, with the rest in equity. Big Tech firms are […]