Meta Secures $13 Billion Financing for El Paso AI Data Center, Setting New Scale for Single‑Site Deals
← Back to News Meta Platforms has teamed with Morgan Stanley and JPMorgan Chase to arrange roughly $13 billion in financing—primarily debt—for its El Paso, Texas, artificial‑intelligence data center. The package, tied to a projected 1‑gigawatt facility slated to open in 2028, would rank among the largest single‑site digital‑infrastructure financings ever assembled. The move reflects Meta’s expanding 2026 capital‑expenditure plan and signals strong credit‑market appetite for AI‑related projects. Read more French AI lab Mistral AI has obtained $830 million in debt financing to construct a new data center near Paris that will run on Nvidia chips. The facility, slated for Bruyeres-le-Chatel, is expected to be operational in the second quarter of 2026. Mistral also announced a $1.4 billion investment in Sweden and aims to deliver 200 megawatts of compute capacity across Europe by 2027, underscoring its push to scale AI infrastructure and reduce reliance on third‑party cloud providers. Read more
Tags: Debt financing
Mistral AI Secures $830M Debt Financing for New Paris‑Area Data Center