Morgan Stanley Nears $15 Billion Nexus Loan for Anthropic Texas Data Center as Google Backstops Credit
Updated
Updated · CNBC · Jul 30
Morgan Stanley Nears $15 Billion Nexus Loan for Anthropic Texas Data Center as Google Backstops Credit
3 articles · Updated · CNBC · Jul 30
Summary
$15 billion in financing is in advanced talks, with Morgan Stanley leading a loan to Nexus Data Centers for an Anthropic-linked campus in Hubbard, Texas.
Google agreed to backstop Anthropic with its investment-grade credit rating, giving the project stronger credit support as Nexus raises capital for the buildout.
Anthropic has been lining up infrastructure and chip partners to expand computing capacity, striking deals this year with AMD, SpaceX, Google and Broadcom.
Google also deepened its Anthropic ties in April by agreeing to invest up to $40 billion, after putting in $300 million in 2023 and another $2 billion months later.