Meta Platforms has secured a $13 billion financing deal, supported by Morgan Stanley and JPMorgan Chase, to develop a new AI data center in Texas. This initiative is part of a broader trend among major tech companies to expand AI infrastructure, following similar large-scale investments like the $27 billion Hyperion project in Louisiana. The financing highlights the sector's increasing reliance on debt, with a record $120 billion in corporate debt issued in 2025 for AI infrastructure. Despite concerns about Meta's financial stability due to its growing debt, the market remains optimistic about the company's stock performance. Prediction markets currently price Meta's stock at a 100% likelihood of reaching $740 by the end of April 2026, reflecting confidence in the company's ability to meet its financial targets despite potential risks associated with its debt strategy.