Google to Finalize Agreement for Over $5 Billion Funding for Texas Data Center Leased by Anthropic

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Google is set to reach an agreement to provide funding support for a large project by data center developer Nexus Data Centers in Texas, valued at over $5 billion, which will be leased to Anthropic upon completion. The construction loan is expected to be finalized soon. The project spans approximately 2,800 acres and is anticipated to deliver around 500 megawatts of capacity by the end of 2026, with significant expansions planned thereafter. The site is located near major natural gas pipelines, and Nexus plans to supply power directly through its own gas turbines rather than relying on the public grid, in order to avoid delays in grid access and reduce costs during peak electricity usage. Currently, Google provides Anthropic with its custom TPU chips through Google Cloud for large model training, and this infrastructure financing for the data center leased by Anthropic is a further extension of their deep cloud computing partnership.

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