Google (GOOGL) plans to offer financial support, including offering construction loans for Nexus Data Centers, the operator behind a multibillion-dollar data center project in Texas that is leased to Anthropic, people familiar with the matter told Financial Times’ Michelle Chan, Stephen Morris and Martha Muir. Support from Google parent Alphabet (GOOG) should allow the project to raise the financing at a lower cost than financing that was being readied by a consortium of banks competing to provide financing, the report stated.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on GOOGL:
- Microsoft Stock (MSFT) Buckles under AI Worries, But Crowd Wisdom Has a Catch
- This Magnificent 7 Stock Has 40% Upside, Says Wells Fargo (WFC)
- Best ETFs to Invest In, According to AI Analyst, 3/27/2026
- A Top Wall Street Analyst Just Reignited Hope In SanDisk Stock (SNDK)
- Crypto Currents: Better, Coinbase launch token-backed mortgage
