JPMorgan leads a $5B debt package for Volta’s AI data centre buildout

JPMorgan has begun approaching lenders about a $5B debt package to fund Volta Infra Holdings’ AI data centre buildout, weeks after the seven-month-old company raised $300M at a $2.4B valuation. Its first major site is a 121-megawatt campus in Norway leased from bitcoin miner Bitdeer. JPMorgan has started sounding out lenders for a $5B debt […] This story continues at The Next Web

Read it at The Next Web ↗

← Front page