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Broadcom to lend Anthropic up to $42 billion for chip leases
Original: Broadcom to lend Anthropic up to $42 billion to lease chips, in latest circular investing deal
Broadcom has agreed to lend Anthropic up to $42 billion so the AI company can lease its chips, in what observers are calling another circular financing deal in the AI industry, where chipmakers fund their own customers' purchases. The arrangement adds to a growing pattern of vendor-backed lending among AI and semiconductor firms, drawing scrutiny over the financial risks these interlinked deals carry.
Why now: The sheer size of the loan and the circular nature of chipmakers financing their own customers' purchases are raising questions about risk in AI financing.
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- Broadcom to lend Anthropic up to $42 billion to lease chips, in latest circular investing deal · Yahoo Finance
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