Google backs $15B loan for Anthropic’s massive Texas data center campus

Google is backing a $15B loan sought by Nexus Data Centers for the expansion of Anthropic's massive data center campus in Texas. This significant investment underscores the escalating global demand for AI infrastructure and strategic investment shifts. Consequently, the pursuit of these energy resources is intensifying competition, which is directly impacting the costs associated with crypto mining. The project highlights the critical intersection of AI development, energy availability, and the broader technological infrastructure landscape.