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Banks and Blackstone line up $63 billion to fund Anthropic's Broadcom chips

Original: Wall Street banks, Blackstone line up $63 billion to finance Broadcom chips for Anthropic

A group of Wall Street banks together with private equity giant Blackstone has arranged $63 billion in financing for Broadcom chips destined for Anthropic, the OpenAI rival behind Claude. The deal is one of the largest private credit arrangements yet in the AI infrastructure boom, as chipmakers and AI labs increasingly turn to debt markets to fund the massive computing power their models require.

Why now: The sheer scale of the financing and its reliance on private credit for AI hardware has drawn attention to how the AI buildout is being funded.

AnthropicBroadcomBlackstoneWall Street banks

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