Broadcom Arranges $63 Billion Deal to Finance Anthropic's Chips

Broadcom has arranged a $63 billion financing deal with Bank of America, Blackstone, Citigroup and Morgan Stanley to fund chip purchases for AI developer Anthropic. The deal secures compute capacity for Anthropic ahead of its planned IPO.

• Broadcom arranged $63 billion to fund chip purchases for Anthropic
• BofA, Blackstone, Citigroup and Morgan Stanley are involved in the financing
• Funds will cover compute capacity for training AI models