Global AI secures $441 million from JPMorgan for U.S. AI data centers

Global AI has closed a $441 million senior secured credit facility led and arranged by J.P. Morgan, marking the company's first debt raise and supporting its expansion of dedicated, single-tenant, air-gapped AI data centers in the United States. The U.S.-based company, founded in 2024, says it designs, builds and operates sovereign AI infrastructure for sensitive training and inference workloads that require customers to retain control over data, infrastructure and operations. Chief Executive Sami Issa said Global AI is accelerating capital raising to meet demand and added that the company has $6.2 billion in contracted revenue, including $1 billion already built and delivered to customers. Global AI expects to have 1 gigawatt of capacity available by 2029. The financing adds to a broader AI infrastructure race in which major hyperscalers including Amazon, Microsoft and Google, as well as independent operators such as CoreWeave, Crusoe Energy and Global AI, are investing heavily to add compute and data center capacity.

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