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Wall Street banks, Blackstone line up $63 billion to finance Broadcom chips for Anthropic

Reuters

Oct ‌26 (Reuters) - Bank of ​America, ‌Blackstone, Citi ‌and Morgan Stanley ‌will provide $63 billion in financing to ⁠buy ‌Broadcom's AI ⁠chips and ​networking gear for Anthropic, ​the ​companies ‌said on ​Monday, ⁠in one ‌of the ​largest ​debt deals tied to the ‌AI buildout.

(Reporting by ‌Aditya ​Soni in Bengaluru; Editing by ‌Pooja Desai)