Svmuu reports that private equity giants Apollo Global Management and Blackstone Group are bringing in more investors for a debt financing deal worth approximately $36 billion to help Anthropic build its artificial intelligence infrastructure.
According to insiders, this debt financing will be used to purchase Google's custom TPU (Tensor Processing Unit) chips, which will then be leased by Anthropic. Broadcom, which assisted Google in developing the chip, will provide guarantees for the majority of this deal. This move is expected to become one of the largest private credit transactions in history and potentially the biggest debt financing deal for chips to date. The plan aims to leverage Broadcom's credit standing to provide computing power support for Anthropic.