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Wall Street banks launch record $60bn chip deal for Broadcom and Anthropic
A consortium of Wall Street banks is putting together a record $60 billion financing package tied to Broadcom and Anthropic, according to the Financial Times. The deal is linked to chip supply for AI computing, with Broadcom manufacturing custom processors used by Anthropic. It is described as the largest deal of its kind, underlining how far banks will go to fund AI infrastructure.
Why now: The sheer size of the financing and its connection to the AI chip boom are drawing attention.
BroadcomAnthropicWall Street banksFinancial Times
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