DataFunTalk

Jul 29, 2026 · Industry Insights

Who’s Really Paying for Meta’s 1 GW AI Compute? Unpacking the Capital Structure

The article analyzes Meta’s 20% equity stake in a 1 GW Texas AI data center, explaining how BlackRock’s 80% financing, lease agreements, residual guarantees, and credit considerations shift AI competition from hardware buying to complex capital‑structure battles.