Miles Kruppa on Muck Rack

Miles Kruppa

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San Francisco
As seen in: MSN, Financial Times, Los Angeles Times, The Wall Street Journal, The Wall Street Journal (China), The Wall Street Journal (Japan), Yahoo Finance, Ars Technica, MarketWatch, Milenio and
Journalist. Ex-@theinformation, @WSJ and @FT. Get in touch: miles.kruppa@gmail.com.
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Articles

Aligned Data Centers Raises $2.6 Billion in Debt

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By Miles Kruppa Verified
| The Information Verified
Source: The Information Aligned Data Centers, the developer being purchased by a consortium including BlackRock and Abu Dhabi’s MGX, raised $2.6 billion in debt to help it build more AI computing facilities in the U.S. Aligned said the lenders included “sophisticated insurance, pension fund and other institutional capital,” without providing the names. The company said it structured the debt so that it would count as investment-grade capital for insurance funds.
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TikTok Joint Venture Investors to Pay Trump Administration $10 Billion

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By Miles Kruppa Verified
| The Information Verified
Source: The Wall Street Journal The Trump Administration will get $10 billion in payments from investors in a company designed to safeguard the user data of U.S.-based TikTok users, The Wall Street Journal reported. Investors in the company, which include Abu Dhabi-based MGX, Silver Lake and Oracle, paid the Treasury Department about $2.5 billion when the company was created in January and will make additional payments over time, the Journal reported, citing people familiar with the matter.
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Microsoft in Talks to Lease Large Texas Data Center Site After Oracle Walked Away

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By Miles Kruppa Verified
| The Information Verified
Microsoft is in advanced talks to lease hundreds of megawatts of data center capacity at a closely watched artificial intelligence campus in Abilene, Texas, after rival Oracle walked away from the same opportunity, according to a person with direct knowledge of the discussions and another person briefed about it. Meta Platforms is also in talks to lease the site, The Information previously reported.
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