Pentagon Plans $5 Billion Loan to Fluidstack, Marking Defense Capital's First Foray into AI Compute Supply Chain
The Pentagon's Office of Strategic Capital is negotiating a roughly $5 billion loan to AI cloud startup Fluidstack to strengthen the U.S. data center supply chain, especially power and cooling equipment manufacturing. If completed, it would be the office's largest loan to date and a sign that defense capital is moving into AI infrastructure.