JPMorgan Chase & Co. has structured a $5 billion debt package to finance the construction of artificial intelligence data centers for Volta Infra Holdings Ltd., according to Bloomberg. The financing arrangement follows Volta's recent $300 million venture capital round, which valued the company at $2.4 billion.
The AI infrastructure provider, founded at the start of 2026 by Ricard Boada and Sófia Gumuzio—former executives at Brookfield Asset Management Ltd.—plans to deploy the capital toward facilities in Norway. These data centers will be delivered in partnership with Bitdeer Technologies Group and equipped with advanced computing hardware.
Volta has secured a $10 billion contract with Anthropic PBC, the developer of the Claude AI model, to supply computational capacity. The agreement underscores growing demand for specialized AI infrastructure as companies seek to access high-performance computing resources. Nvidia Corp., whose chips power many AI applications, is among the technology providers Volta aims to integrate into its centers.
JPMorgan initiated preliminary discussions with potential lenders to finalize the debt structure, reflecting the scale of the project and the broader expansion in AI-related infrastructure investment. The financing package aligns with the accelerating build-out of data center capacity to support generative AI workloads across industries.
Volta's founders previously led infrastructure initiatives at Brookfield, bringing expertise in large-scale asset development to the AI data center sector. The company's rapid valuation increase to $2.4 billion within months of its establishment highlights investor confidence in the long-term prospects of specialized AI computing infrastructure.
