Google Poised to Finance Anthropic-Leased $5 Billion Texas Data Center

Overview

• Financial Times reported Friday that Alphabet is set to provide construction loans to Nexus Data Centers for a Texas hub already leased to Anthropic.
• The financing is expected to close in the coming weeks as multiple banks compete to fund the first phase.
• The 2,800‑acre site targets about 500 megawatts of capacity by late 2026 with potential expansion to roughly 7.7 gigawatts over time.
• Nexus plans to run the campus on its own gas turbines tied to nearby pipelines to reduce grid dependence and avoid peak power prices.
• The deal would extend Google’s role with Anthropic from cloud TPU supplier to infrastructure financier, while loan size and terms remain undisclosed and Nexus has not commented.