JPMorgan Chase & Co. is arranging a $5 billion debt package to finance the construction of artificial intelligence data centers for Volta Infra Holdings Ltd., the company said.
Volta, founded earlier this year by former Brookfield Asset Management Ltd. executives Ricard Boada and Sofia Gumuzio, secured $300 million in venture funding this month, bringing its valuation to $2.4 billion. The financing round underscores growing investor interest in AI infrastructure providers as demand for high-performance computing accelerates.
The company’s expansion aligns with a $10 billion agreement to supply computing capacity to Anthropic PBC, the AI startup behind the Claude model. Volta will operate a data center in Norway in partnership with Bitdeer Technologies Group, leveraging Nvidia Corp.’s advanced chips to meet Anthropic’s requirements. Volta positions itself as a facilitator for AI labs and startups seeking access to costly semiconductor infrastructure.
JPMorgan’s involvement highlights the scale of Volta’s ambitions, with the debt facility intended to support rapid deployment of AI-optimized facilities. The financing structure reflects broader trends in AI infrastructure financing, where traditional lenders are increasingly backing specialized data center operators to meet surging computational demand.
