BlackRock backs Anthropic's data center expansion

🇺🇸 UNITED STATES — Anthropic is set to expand its compute capacity through a large-scale data center project financed by external partners rather than direct capital expenditure. Firms including BlackRock, Global Infrastructure Partners, and Macquarie Asset Management are providing the backing for this new infrastructure. The deal aligns with industry shifts toward specialized project financing for resource-heavy AI projects.

First reported by thenextweb.com · developing for 16 days · thenextweb.com

Why it matters

This deal demonstrates the growing role of major asset management firms in funding the massive, long-term energy and physical infrastructure needs of AI models.