Banks Selling $3 Billion Debt for Meta’s Prometheus Data Center

Major banks—Natixis, MUFG, and Société Générale—are underwriting $3 billion in loans for Meta’s new Ohio data center, marking a significant financial push into AI infrastructure development. The funding supports Meta’s Prometheus data center, a high-capacity facility designed to accelerate AI training and deployment, reflecting growing corporate investment in quantum-classical hybrid computing ecosystems. The deal launched in April 2026, aligning with Meta’s aggressive timeline to expand AI capabilities amid rising demand for large-scale computational resources and next-generation data processing. Located in Ohio, the facility leverages the region’s energy and logistical advantages, positioning it as a strategic hub for Meta’s long-term AI and potential quantum-adjacent research initiatives. This financing underscores Wall Street’s confidence in AI-driven infrastructure as a high-growth sector, with banks prioritizing tech-backed debt amid broader economic uncertainty.