Apollo and Blackstone ink $35B Anthropic deal with Broadcom backing
- Source
- Bloomberg
- Time
- 9:47 PM
- Weight
- 95/100
Apollo Global Management and Blackstone have finalized a $35 billion debt financing package for the artificial intelligence startup Anthropic. This massive capital injection is designated to fund the expansion of Anthropic's AI infrastructure, specifically allowing the company to lease custom-designed chips.
This deal represents one of the largest financing efforts to date within the rapidly evolving AI sector. The financing, which is structured across three tranches, will support the procurement of specialized hardware developed by Google and backed by Broadcom.