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Broadcom to lend Anthropic $42 billion for chip leases

Original: Broadcom to lend Anthropic $42 billion to lease chips: Report

Broadcom is reportedly preparing to lend Anthropic $42 billion that the AI company would use to lease chips, deepening the financial ties between the two firms amid the AI compute boom. The arrangement would give Anthropic access to more processing power while boosting Broadcom's chip business, and adds to the wave of large-scale financing deals reshaping the AI industry.

Why now: Large-scale AI financing deals and their circular funding structures are under intense market and media scrutiny right now

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