Broadcom arranged a $60 billion financing package to fund AI chips and infrastructure for companies including Anthropic.
Banks are leading a $42 billion senior-debt tranche. Blackstone is leading an $18 billion junior tranche.
Blackstone will commit $9 billion of its own capital to the junior tranche. It plans to syndicate the remaining $9 billion to other investors.
The financing is designed to help AI firms, particularly Anthropic, secure the computing capacity needed to develop advanced AI models. It addresses Anthropic’s previously disclosed, multibillion-dollar infrastructure spending commitments.