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