Meta is reportedly selecting Morgan Stanley and JPMorgan as financial advisers for a major data centre project in El Paso, Texas. Multiple outlets report that the firms will support the financing process for what is described as an approximately US$13 billion deal tied to Meta’s artificial intelligence infrastructure build-out. The reports say Meta’s selection centers on arranging and structuring funding for the El Paso data centre initiative, which is intended to expand compute and capacity for AI-related workloads. While the articles focus on the banks’ roles in the transaction, they do not provide final, publicly confirmed details on terms, timing, or the full financing structure. The reports also indicate the information comes from sourcing attributed to industry or market participants rather than from an official statement by Meta or the banks. Taken together, the coverage suggests Meta is in the process of lining up major financial partners to move the El Paso project forward, with the banks’ involvement linked to advisory and financing execution rather than on-the-ground construction or operations.