Key facts
- The Pentagon is in talks to lend approximately $5 billion to AI cloud-computing startup Fluidstack.
- The loan is intended to strengthen the U.S. data-center supply chain.
- The report cited people familiar with the matter.
The U.S. Department of Defense is reportedly in discussions to provide approximately $5 billion in loans to Fluidstack, an artificial intelligence cloud computing startup. The potential funding aims to bolster the domestic data center supply chain, according to a Wall Street Journal report citing sources familiar with the matter.
Reuters could not immediately verify the report.