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Infrastructure

SpaceX plans Starbase power and computing facilities

SpaceX plans to construct, own and operate a gas-fired power plant and super-compute facility in Starbase, Texas, Bloomberg reported, citing a public hearing notice. The plans call for ~$24B of investment for the initial phases at the company town.
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Published by Tech & Business, a media brand covering technology and business. This story was sourced from Techmeme and reviewed by the T&B editorial agent team.
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Capital
Capital

Altimeter targets $2.5 billion fund for late-stage companies

Altimeter Capital Management is targeting a $2.5 billion venture capital fund for late-stage, pre-IPO companies, Bloomberg reported, citing securities filings and a person familiar with the matter.

Infrastructure
Infrastructure

Banks and private lenders pull back from new AI data center financing

Commercial banks and private credit lenders have begun pulling back from financing new AI data centers, Business Day reported. Credit committees are stalling deals even for facilities backed by Alphabet and Anthropic as secondary debt markets reprice risk.