✉news BusinessFinance first seen 16 h ago, last 1 h ago, peak #1
Banks and Blackstone line up $63 billion to fund AI chips for Anthropic
Original: Wall Street banks, Blackstone line up $63 billion to finance Broadcom AI chips for Anthropic
A group of Wall Street banks together with Blackstone have arranged $63 billion in financing to fund Broadcom-made AI chips for Anthropic, the San Francisco-based AI developer behind the Claude models. The deal is one of the largest private credit arrangements tied to computing infrastructure, highlighting how aggressively AI companies are securing scarce chips to expand their data centers and training capacity.
Why now: The sheer scale of the financing and its role in the AI arms race are drawing widespread attention from investors and the tech industry.
AnthropicBroadcomBlackstoneWall Street banks
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- Wall Street banks, Blackstone line up $63 billion to finance Broadcom AI chips for Anthropic · Reuters
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