Google near deal to back data center leased to Anthropic, FT reports
Market Updates

Google near deal to back data center leased to Anthropic, FT reports

Markets Insider29d ago

Google (GOOGL) plans to offer financial support, including offering construction loans for Nexus Data Centers, the operator behind a multibillion-dollar data center project in Texas that is leased to Anthropic, people familiar with the matter told Financial Times' Michelle Chan, Stephen Morris and Martha Muir. Support from Google parent Alphabet (GOOG) should allow the project to raise the financing at a lower cost than financing that was being readied by a consortium of banks competing to provide financing, the report stated.

Originally published by Markets Insider

Read original source →
Anthropic