Banks loan $2B to build AI data center in Utah

Banks Loan $2 Billion to Build a 100-Acre AI Data Center in Utah
Developers of a Utah data center have secured one of the biggest construction loans in recent years, the latest sign of the market’s enormous appetite for facilities that provide the backbone for artificial intelligence.
Building data centers to support AI and how it could impact your electricity bill
AI and data centers are knocking on the states' doors looking to locate their facilities. Such centers consume a lot of energy and Utah is looking to be prepared. A measure to insulate ratepayers from bearing the costs passed the Senate.
AI Daily: Banks loan $2B to build AI data center in Utah
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JPMorgan, Starwood Property Trust Provide $2 Billion Loan for AI Data Center in Utah
JPMorgan Chase (JPM, Financials) and Starwood Property Trust (STWD, Financials) are providing a $2 billion loan for a 100-acre artificial intelligence-focused data center project in Utah, one of the largest construction loans issued in recent years,
JPMorgan Chase, Starwood Property lend $2B for AI data center - report
JPMorgan Chase (NYSE:JPM) and Starwood Property Trust (NYSE:STWD) agreed to lend $2B for a 100-acre AI data center being built in Utah, one of the largest construction loans in recent years, according to a media report published on Tuesday.
JPMorgan, Starwood lend $2B for 100-acre data center, WSJ says
JPMorgan Chase (JPM) and Starwood Property (STWD) agreed to lend $2B for a 100-acre data center campus in West Jordan, Utah, Peter Grant of The
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