ChainCatcher report, according to Reuters, private equity giants Apollo Global Management and Blackstone are bringing in additional investors for a approximately $36 billion debt financing deal to help Anthropic build its artificial intelligence infrastructure. Sources familiar with the matter said the debt financing will be used to purchase Google’s custom TPU (Tensor Processing Unit) chips, which Anthropic will then lease. Broadcom, which assisted Google in developing the chips, will provide guarantees for the majority of the transaction’s payments. This initiative is expected to become one of the largest private credit deals in history and potentially the largest chip financing debt transaction to date. The structure aims to leverage Broadcom’s creditworthiness to provide Anthropic with computing power.
Private equity giants Blackstone and Apollo plan $36 billion in chip financing for Anthropic.
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Summary
Private equity firms Blackstone and Apollo are finalizing a $36 billion debt deal to fund Anthropic’s AI infrastructure, with a focus on custom Google TPU chips. The financing, part of a broader trend in AI and crypto news, will see Anthropic lease the chips after purchase. Broadcom, which helped design the hardware, will provide most of the collateral. The deal is expected to set a record as the largest chip financing in history and aligns with evolving global crypto policy developments.
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