Pentagon talks $5B Fluidstack loan for AI data center supply
Reuters, citing the Wall Street Journal, says the Pentagon is in talks to lend about $5 billion to Fluidstack through the Office of Strategic Capital. The money would fund U.S. manufacturing of data-center components, not a new campus, and neither DoD nor Fluidstack confirmed the report.
The Pentagon is talking about lending Fluidstack about $5 billion to build data-center parts in the United States. Reuters cited the Wall Street Journal and people familiar with the matter. The U.S. Department of Defense and Fluidstack did not immediately respond to Reuters for comment, so the $5 billion is the size of the talks, not cash that has been approved or wired.
The money would come from the Pentagon's Office of Strategic Capital. Fluidstack would use it to shore up the U.S. data-center supply chain and manufacturing capacity for certain data-center-related components, rather than to fund a new AI facility outright. Amount, terms, and approval are still unsettled.
The Office of Strategic Capital has prior deals with rare-earth companies Vulcan Elements, Phoenix Tailings, and Energy Fuels, Reuters noted, plus funding for drone companies including Unusual Machines and Sequoia-backed Neros, which the Journal had reported earlier.
The loan talk sits next to the same power-and-siting fight as the House Ratepayer Protection Act on data-center electricity costs. It is still talks aimed at component manufacturing, not a funded new campus.
Some offers on this page may be paid placements or contain affiliate links.
Subscribe to Techpresso
Free daily newsletter, read in 5 minutes.
Subscribe free