Google backs $15B Anthropic data center in Texas

Google is reportedly backing a proposed $15 billion financing package for an Anthropic-linked data center in Texas, extending an AI infrastructure boom that has also lifted Bitcoin miners expanding into high-performance computing. Summary Nexus is in advanced talks to raise $15 billion for its Hubbard, Texas, data-center campus. Google would guarantee parts of Anthropic’s leases and receive an estimated 20% project stake. The campus includes an on-site natural-gas plant capable of generating 1.6 gigawatts. AI-focused mining stocks rallied Thursday, with IREN, Hut 8 and CleanSpark gaining more than 20%. Google and Anthropic financing terms A group of banks led by Morgan Stanley is discussing a financing package for Nexus Data Centers’ planned campus in Hubbard, Texas, according to a Wall Street Journal report cited by Reuters. The proposed package includes a $14 billion bridge loan and a revolving credit facility. The report did not disclose the size of the revolving facility or identify the other lenders involved in the talks. Google has reportedly agreed to guarantee billions of dollars in lease and power-payment obligations if Anthropic defaults. Its backing would apply to four d...