Key facts
- Financing totals $63 billion for Anthropic to acquire Broadcom AI chips and networking gear.
- The deal involves Bank of America, Blackstone, Citigroup, and Morgan Stanley.
- A special purpose vehicle will be used for the transaction.
- Broadcom is providing residual value support for the first lien financing.
Bank of America, Blackstone, Citigroup and Morgan Stanley announced on Monday a $63 billion financing deal to enable Anthropic to acquire Broadcom's AI chips and networking equipment. This transaction is one of the largest debt financings linked to the expansion of artificial intelligence infrastructure. The financing will be channeled through a special purpose vehicle, with Broadcom providing residual value support for a portion of the deal. Deliveries of the Broadcom technology are expected to commence in calendar year 2027.