Apollo, Blackstone seek $36B for Anthropic’s Google TPU deal
- Source
- Bloomberg
- Time
- 11:22 PM
- Weight
- 95/100
Apollo Global Management and Blackstone are currently seeking additional investors for a roughly $36 billion debt financing package intended to expand Anthropic’s artificial intelligence infrastructure. The capital will be used to purchase Google’s custom-designed chips, known as Tensor Processing Units (TPUs), which Anthropic will then lease to support its large-scale computing requirements.
Broadcom, which assists Google in the development of these specialized chips, is reportedly backstopping payments on the most significant portions of the transaction. This arrangement highlights the massive capital investments and complex financial structures being utilized by major AI companies to secure the hardware necessary for developing and deploying advanced generative models.