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Bank of America, Blackstone, Citi and Morgan Stanley arrange $63bn Anthropic chip financing

NewsFeeds update

Bank of America, Blackstone, Citi and Morgan Stanley will set up a $63bn financing structure for AI compute, with a special purpose vehicle buying Broadcom XPU accelerators and networking gear to lease to Anthropic. Deliveries are expected to begin in 2027.

AIPANewsAINeutral

Read the original on PANews

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Every AI update on NewsFeeds

Every update is a short rewrite, by AI in our own words, of a flash from the outlet named on it, credited and linked. Not investment advice.