A private credit loan of about $1.3 billion is being arranged to help finance an AI data center in Texas associated with Anthropic PBC, according to multiple reports. Eagle Point Credit Management LLC is the lender, providing one portion of a larger financing package for the project.

The outlets describe the facility as a “sprawling” or “giant” data center expected to house Anthropic. The Next Web frames the loan as one of several jumbo deals supporting a broader expansion in artificial intelligence infrastructure. Bloomberg emphasizes Eagle Point’s role in what it characterizes as a key financing for one of the latest large-scale AI-related construction efforts.

While both sources align on the lender, loan size, and Texas/Anthropic linkage, they differ mainly in emphasis: Bloomberg focuses on the loan’s significance within a series of high-value AI financings, while The Next Web highlights the deal as part of the wider “AI boom” narrative. Neither source provides additional deal terms or a full breakdown of the larger overall financing structure in the excerpts provided.