Broadcom Is Rounding Up $60 Billion to Fund Anthropic's AI Chips
The chipmakers are bankrolling their own customers now. Broadcom’s Wall Street syndicate is in the process of assembling $60 billion in fresh financing for AI chips that would benefit Anthropic and other companies, Bloomberg reported on Friday, October 2. The package is split into a $42 billion Class A senior-secured tranche, syndicated among banks including Bank of America, Citigroup, and Morgan Stanley, and an $18 billion Class B junior-debt tranche led by Blackstone, which is committing $9 billion from its own funds and syndicating the rest. ...