The platform targets more than 20 gigawatts of total compute capacity through 2028, indicating this is a scalable infrastructure model rather than a single-customer arrangement. Specific terms of the financing structure, governance arrangements, and detailed deployment timelines remain undisclosed.
For practitioners, this deal signals how capital markets are reshaping AI infrastructure investment. The participation of major alternative asset managers in direct infrastructure financing—rather than traditional venture or debt markets—reflects the scale and duration of AI buildout commitments. Attorneys advising on AI infrastructure deals, data center financing, or chip supply arrangements should monitor how this model influences market terms and whether regulatory scrutiny follows, particularly around foreign investment restrictions and critical infrastructure designations.