Anthropic-Linked AI Data Center Nexus Data Secures $1.3B Private Credit

The notable signal here is the funding channel, not the dollar figure: private credit, rather than equity or public markets, is underwriting AI compute buildout. That matters because it ties data center expansion to lenders with their own return and covenant requirements, and it deepens the connection between an AI model developer and physical infrastructure. The open question is whether private credit keeps absorbing this kind of AI infrastructure risk, and how that appetite holds if the buildout's economics are tested.