Firms committed $63 billion to fund Broadcom AI equipment for Anthropic
Bank of America, Blackstone, Citi and Morgan Stanley will provide $63 billion in financing for a special-purpose vehicle to buy Broadcom’s AI accelerators and networking equipment for Anthropic to lease. Broadcom is providing residual-value support for part of the financing, Bloomberg reported. Deliveries are expected to begin in 2027, the companies said.
More context
The firms said Monday they would commit $63 billion to fund Broadcom’s AI accelerators and networking equipment, which Anthropic will lease. The transaction is among the largest debt deals tied to the AI buildout, KSL.com reported.
The financing will be committed through a newly formed special-purpose vehicle that will purchase the equipment and lease it to Anthropic, the developer of the Claude AI model. Broadcom is backstopping part of the financing with residual-value support, Bloomberg reported. Deliveries are expected to begin in 2027 under a previously announced strategic compute-capacity agreement involving Broadcom, according to KSL.com. In an earlier agreement with Broadcom, Apollo and Blackstone had agreed to finance a $35 billion expansion of Anthropic’s computing capacity.
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Reporting
- The Wall Street Journal — Broadcom AI Infrastructure Draws $63 Billion Financing Deal for Anthropic - WSJ
- Bloomberg — Broadcom Arranges $63 Billion Deal to Finance Anthropic’s Chips
- Reuters — Wall St banks, Blackstone line up $63 billion to finance Broadcom AI chips for Anthropic
- UA News — Banks and Blackstone to finance $63 billion equipment purchase for Anthropic — Channel NewsAsia
- ksl.com — Wall St banks, Blackstone line up $63 billion to finance Broadcom AI chips for Anthropic | KSL.com
- futunn.com — Four Wall Street giants invest $63 billion in Anthropic's computing power, with Broadcom underwriting chip residual value.
Verifier’s note
The Wall Street Journal, Bloomberg, and Reuters report the $63 billion financing to buy Broadcom AI equipment for Anthropic to lease; KSL, UA News (attributing the item to Channel NewsAsia), and Futunn also describe that deal. KSL’s headline and text indicate it is carrying Reuters coverage, and all results are current to the proposed event’s timing.