A MORGAN STANLEY-led banking syndicate is negotiating a $15 billion loan to Nexus Data Centers to build a large data center campus and a 1.6 GW onsite gas-fired power plant in Hubbard, Texas. Google will provide financial guarantees and supply chips; the guarantees are said to cover ANTHROPIC’s lease and power-payment obligations on four signed data center leases and related power purchase agreements but are limited to the minimum amount lenders require. The deal could be announced as soon as to

A MORGAN STANLEY-led banking syndicate is negotiating a $15 billion loan to Nexus Data Centers to build a large data center campus and a 1.6 GW onsite gas-fired power plant in Hubbard, Texas. Google will provide financial guarantees and supply chips; the guarantees are said to cover ANTHROPIC’s lease and power-payment obligations on four signed data center leases and related power purchase agreements but are limited to the minimum amount lenders require. The deal could be announced as soon as today.