Anthropic offers Blackstone 10%+ yield to finance $60B debt package for Google TPUs

Anthropic is offering Blackstone a yield above 10% to help finance a $60B debt package used to buy Google TPUs, with Blackstone potentially investing $9B. High borrowing costs complicate Anthropic's goal of reaching investment-grade status.

• Anthropic is assembling a $60B debt package to buy Google TPUs
• Blackstone was offered a 10%+ yield and may invest $9B
• High borrowing costs hinder Anthropic's investment-grade goal