PANews|Jul 31, 2026 00:11
[Anthropic Plans to Secure $15 Billion Financing for Texas AI Data Center, Google to Provide Guarantee and Supply Chips]
According to Jiemian News, data center developer Nexus Data Centers is in advanced negotiations to raise approximately $15 billion for its AI data center project in Texas, USA, which serves Anthropic. Google will provide financing guarantees and supply chips for the project.
The project is located in Hubbard, Texas, and includes a natural gas-powered plant capable of generating 1.6GW of electricity. A banking consortium led by Morgan Stanley is discussing financing plans, which include a $14 billion bridge loan and revolving credit facilities.
Reports indicate that Google has agreed to provide billions of dollars in guarantees for Anthropic's commitments in case it fails to fulfill its lease and power payment obligations. The guarantee covers four data center lease agreements signed by Anthropic, as well as the power purchase agreement related to the on-site power plant.
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