Jul. 31 at 12:47 AM
Nexus Data Centers is reportedly in advanced discussions to secure
$15 billion in financing, led by Morgan Stanley, to develop a major AI data center campus in Hubbard, Texas for Anthropic. According to sources familiar with the matter, the project will be supported by Google, which has agreed to backstop Anthropic using its investment-grade credit rating, helping facilitate the massive financing package.
The proposed development highlights the escalating race among AI companies to secure computing infrastructure as demand for training and deploying advanced AI models continues to surge. Anthropic has aggressively expanded its infrastructure partnerships this year, signing agreements with AMD, SpaceX, Google, and Broadcom to increase computing capacity.
The financing talks follow Google’s commitment earlier this year to invest up to
$40 billion in Anthropic, deepening a relationship that began with a
$300 million investment in 2023.
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