Broadcom lines up $63 billion to fund chips for Anthropic
The arrangement would fund computing equipment that will be leased to Anthropic. Bank of America, Citigroup, Morgan Stanley and Blackstone are involved, according to Bloomberg. RuntimeWire reports that three banks arrange first-lien financing, while Blackstone provides the committed portion of the second-lien financing.
- The equipment includes Broadcom accelerators and networking gear, according to RuntimeWire.
Covered by 4 publishers within 9 hours of the first report.
Reporting4
Bloomberg Broadcom Arranges $63 Billion Deal to Finance Anthropic’s Chips · Lynn Doan
Wall Street Journal Banks, Blackstone Form $63 Billion Financing Vehicle for Broadcom AI Tech · Elias Schisgall
RuntimeWire Broadcom arranges $63B in chip financing for Anthropic ahead of 2027 deliveries · Ryan Merket
DigiTimes Broadcom, financial firms agree on US$63 billion funding for Anthropic chip purchases · DIGITIMES