Banks Negotiate $15 Billion Financing for Anthropic Data Center Backed by Google
Nexus Data Centers is in advanced discussions to secure a $15 billion financing package for an AI-focused data center project tied to artificial intelligence startup Anthropic, according to the Wall Street Journal. The Texas-based campus will include a natural-gas-fired power plant and be equipped with chips co-designed by Google and Broadcom. Google has agreed to provide financial guarantees covering lease and power commitments if Anthropic defaults, though its involvement is limited to what lenders require for financing approval. In return, the tech giant is expected to receive an equity stake of about 20% in the project. Morgan Stanley leads a banking consortium negotiating the deal, which includes a $14 billion bridge loan and revolving credit facility. The development reflects growing investment by Big Tech firms into AI infrastructure as demand for computing power continues to outstrip supply.
Topics: AI Data Centers Financing Partnership