Power, Guarantees and Debt Behind the AI Buildout — August 11, 2026

CyrusOne, Meta and Alphabet put hyperscale infrastructure financing in focus, from a potential 2027 IPO to a BlackRock-backed El Paso campus and $25 billion senior-note sale. The through-line is power-constrained growth funded with more complex capital stacks. In this episode: Top stories: 1. CyrusOne's IPO Isn't About Real Estate — It's About Power — Ainvest https://www.ainvest.com/news/cyrusone-ipo-isn-real-estate-power-2608/ 2. Meta BlackRock $14B Data Center: $13B Residual Value Guarantee Reveals the Real Structure — AINvest https://www.ainvest.com/news/meta-blackrock-14b-data-center-13b-residual-guarantee-reveals-real-structure-2608/ 3. Alphabet has closed a $25 billion U.S. dollar-denominated senior-note offering, with the debt spread across floating-rate and fixed-rate tranches maturing from 2028 through 2066. — SEC https://www.sec.gov/Archives/edgar/data/1652044/000119312526342390/d171253d8k.htm Follow and rate The Data Center Daily on Apple Podcasts or Spotify. Feedback? Email [email protected]