Google May Soon Fund Anthropic's $5 Billion AI Data Centre: All Details Here

Google could soon offer financial backing to Anthopic for its multibillion-dollar data centre in Texas. According to the Financial Times, Alphabet's firm may finalise the construction loans for Nexus Data Centres, the operator of the 2,800-acre platforms. Google is believed to help the Anthropic project secure financing at a lower rate due to its strong credit rating.

The FT report suggests that the data centre leased to AI lab Anthropic is already under construction, and it managed to receive the early-stage loan from asset manager Eagle Point. Reportedly, the initial phase of the project is expected to cost more than $5 billion, with several banks offering to provide finance by mid-year. This data centre is likely to deliver around 500 megawatts of capacity, which is capable enough to power half a million homes. Moreover, the campus is tipped to be expanded to about 7.7 gigawatts.