Advertisers should soon have plenty of energy to run ad campaigns and projects related to advancing artificial intelligence (AI).
A consortium of banks led by Morgan Stanley reportedly will
lend $15 billion to Nexus Data Centers, a Texas-based privately held developer of large-scale, AI-ready data-center campuses. The company will build a campus in Hubbard,
Texas.
Google has provided guarantees for billions of dollars of Anthropic’s lease and power-payment obligations in the event that the startup defaults, reported The Wall Street
Journal, citing people familiar with the matter.
The Texas facility would provide Anthropic with four data center
leases. The facility would have its own natural-gas power plant capable of generating 1.6 gigawatts of electricity. The WSJ reported that the deal could be announced as soon as today.
Anthropic plans to fill the site with tensor processing units -- the chip Google co-designs with Broadcom --
and finance them through a separate deal that Anthropic signed with Broadcom, some people told the WSJ.
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Microsoft reported during its earnings call on Wednesday, it brought 88 data centers online in the last fiscal year as part of its efforts to increase compute capacity.
In the last quarter, the company added 31 data centers across five continents, contributing 1GW of capacity, Microsoft CEO Satya Nadella noted in the call. He also noted Microsoft remains on
track to roughly double its overall capacity in two years.
The company's annual report notes that its total footprint to operate includes
datacenters, office space and other facilities now tops 112 million square feet. It has remaining obligations for 2027 in construction commitments of $29.85 billion, along with operating and finance
leases of $32.41 billion. Operating and finance lease commitments after 2027 reach $411.1 billion.
Meta's lease obligations come to about one quarter trillion dollars, most are
largely tied to AI data centers, a new regulatory filing shows.
Capital expenditures, including principal payments on finance leases, were $31.1 billion for the quarter, driven by investments
in servers, data centers, and network infrastructure, according to company documents.
Meta Platforms reported in its quarterly securities filing released
a day after its earnings, it had approximately $278.99 billion in operating and finance leases that have not yet begun and were not yet included on its
balance sheet.
"We are investing aggressively to meet our infrastructure needs and ensure we maximize our strategic flexibility over the coming years," according to a transcript of the
earnings call. "This includes substantially expanding our own data center footprint and striking deals throughout the supply chain to secure necessary components for future capacity.
Meta also
is signing cloud deals that will come online during this year and in 2027. These multi-year cloud deals and its eight infrastructure purchase agreements drove a $107 billion step up in our contractual
commitments this quarter.
Tallied in aggregate, Meta reported nearly a $700 billion commitment in future spending related to artificial intelligence data centers, cloud computing and more.