{"slug": "nexus-data-centers-in-advanced-talks-for-15-billion-texas-ai-campus-for-backed", "title": "Nexus Data Centers in Advanced Talks for $15 Billion Texas AI Campus for Anthropic, Backed by Google", "summary": "Nexus Data Centers is in advanced talks to secure $15 billion in financing to build an AI data center campus in Hubbard, Texas, for Anthropic, with Morgan Stanley leading the debt package and Google providing a credit backstop in exchange for a 20% equity stake. The campus will include a 1.6-gigawatt natural gas plant, and Anthropic will use Google- and Broadcom-developed TPUs, with Broadcom covering chip costs via vendor financing. The deal deepens Google's ties to Anthropic, which has already committed up to $40 billion in investments.", "body_md": "Nexus Data Centers is in advanced talks to secure $15 billion in financing to construct a sprawling artificial intelligence (AI) data center campus in Hubbard, Texas, built specifically for Anthropic.\n\nThe debt financing, led by Morgan Stanley, features a unique credit structure backed by Alphabet Inc.’s Google.\n\nUnder the proposed terms, Google will use its investment-grade credit rating to guarantee Anthropic’s lease obligations and power-purchase agreements. The Texas campus is set to feature an on-site natural gas plant capable of generating 1.6 gigawatts of power. In exchange for providing the credit backstop, Google is expected to receive roughly a 20% equity stake in the combined data center and power facility.\n\nSources familiar with the matter indicate the deal consists of a $14 billion bridge loan paired with a revolving credit facility. Google’s financial guarantees were reportedly capped at the minimum threshold required by lenders to secure the debt package.\n\nTo power its computing operations at the new site, Anthropic plans to deploy Tensor Processing Units (TPUs) jointly developed by Google and Broadcom Inc.\n\nBroadcom has agreed to cover the chip hardware costs through a dedicated vendor-financing arrangement.\n\nThe Texas project marks the latest step in Anthropic’s aggressive push to scale its computing infrastructure. The AI firm has inked a flurry of major partnerships this year, including an agreement with Advanced Micro Devices Inc., a May deal with Elon Musk’s SpaceX, and a joint infrastructure initiative with Google and Broadcom.\n\nThe transaction further deepens the financial ties between Google and Anthropic.\n\nGoogle agreed to invest up to $40 billion in the AI lab, following an initial $300 million investment for a 10% stake in 2023 and a subsequent $2 billion injection later that year. Beyond its Anthropic commitments, Google continues to aggressively expand its broader cloud infrastructure, recently securing a dark fiber network agreement with Verizon Communications Inc. valued at more than $1 billion.\n\nNexus Data Centers and Anthropic declined to comment on the pending transaction. Morgan Stanley and Google did not respond to requests for comment.", "url": "https://wpnews.pro/news/nexus-data-centers-in-advanced-talks-for-15-billion-texas-ai-campus-for-backed", "canonical_source": "https://techstrong.it/ai/nexus-data-centers-in-advanced-talks-for-15-billion-texas-ai-campus-for-anthropic-backed-by-google/", "published_at": "2026-07-31 14:46:29+00:00", "updated_at": "2026-07-31 14:57:03.925794+00:00", "lang": "en", "topics": ["artificial-intelligence", "ai-infrastructure", "ai-chips", "ai-policy"], "entities": ["Nexus Data Centers", "Anthropic", "Morgan Stanley", "Alphabet Inc.", "Google", "Broadcom Inc.", "Advanced Micro Devices Inc.", "SpaceX"], "alternates": {"html": "https://wpnews.pro/news/nexus-data-centers-in-advanced-talks-for-15-billion-texas-ai-campus-for-backed", "markdown": "https://wpnews.pro/news/nexus-data-centers-in-advanced-talks-for-15-billion-texas-ai-campus-for-backed.md", "text": "https://wpnews.pro/news/nexus-data-centers-in-advanced-talks-for-15-billion-texas-ai-campus-for-backed.txt", "jsonld": "https://wpnews.pro/news/nexus-data-centers-in-advanced-talks-for-15-billion-texas-ai-campus-for-backed.jsonld"}}