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Apollo and Blackstone back Anthropic with $35B AI chip financing

1 min read
Source: Financial Times
Apollo and Blackstone back Anthropic with $35B AI chip financing
Photo: Financial Times
TL;DR

Apollo Global Management and Blackstone-led $35 billion private credit deal finances Anthropic’s growth and its purchase of Alphabet-developed chips (TPUs) in a three-tranche structure backed by Broadcom, marking one of the largest private fundraisings for AI infrastructure amid a buoyant but increasingly scrutinized AI market.

Topics:businesstechnology#anthropic#apollo-global-management#artificial-intelligence#chip-financing#private-equity#technology
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  1. Apollo and Blackstone raise $35bn in chip financing deal for Anthropic  Financial Times
  2. Broadcom, Apollo, Blackstone Launch $35 Billion AI Infrastructure Platform  WSJ
  3. Apollo Wraps Up $35 Billion Debt to Buy AI Chips for Anthropic  Bloomberg.com
  4. Anthropic And OpenAI Are So Desperate For Compute They Let Broadcom Finance Their Own Chips For Them  Yahoo Finance
  5. Anthropic secures US$35 billion private loan package backed by Broadcom for TPU capacity  digitimes

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