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

Chipmaker Broadcom Inc. has arranged a $63 billion deal with Bank of America Corp., Blackstone Inc., Citigroup Inc. and Morgan Stanley to finance the purchase of chips for AI model developer Anthropic PBC. The deal is being done through a new special purpose vehicle with committed financing from the financial firms to buy Broadcom chips and lease them to Anthropic, the firms said in a joint statementBloomberg Terminal on Monday. Broadcom is backstopping a portion of the financing with what’s kno...

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