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10 Sep 2026

Pentagon in talks to lend Fluidstack $5 billion, WSJ tells Reuters

On 10 September 2026, Reuters reported talks on a possible $5 billion Pentagon loan involving Fluidstack. Reuters said it could not independently verify the talks. Nothing is signed. Developing.

10 Sep 2026: Reuters reported that the Pentagon is in talks to lend roughly $5 billion to AI cloud-computing startup Fluidstack to shore up the U.S. data-center supply chain, citing the Wall Street Journal and people familiar with the matter.

Reuters’ own dispatch said it could not independently verify the Journal’s report.

No public term sheet, close date, or Pentagon confirmation was attached to that Reuters item.

If the talks become a loan, defense credit is being pointed at AI power and cooling gear — not a chatbot. Until someone signs, it is a sourced leak.

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