Fluidstack is in talks for a $5B Pentagon loan to build AI data centers
The proposed financing would give Gary Wu and Jamie Cox another source of capital as Fluidstack builds data centers for AI labs and secures power for further expansion.
By RuntimeWire Staff · Published
Primary source: The Wall Street Journal
Why it matters
A $5B loan would make the Pentagon a major lender to commercial AI infrastructure, giving Fluidstack another pool of capital for data centers while exposing the government to the sector's construction and financing risks.
Fluidstack, the AI infrastructure provider founded by Gary Wu and Jamie Cox while they were at Oxford, is discussing a roughly $5 billion loan from the Pentagon, according to The Wall Street Journal. The founders are trying to convert customer commitments and power agreements into operating data centers.…
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