The largest chip leasing deal in history: Anthropic secures $36 billion in financing for special purchase of Google (GOOGL.US) TPU chips, backed by credit endorsement from Broadcom (AVGO.US)

According to 36Kr APP, Apollo Global Management and Blackstone Group are jointly raising about $36 billion in debt financing for the artificial intelligence company Anthropic PBC to support its large-scale purchase of Google (GOOGL.US) custom AI chips - Tensor Processing Units (TPU), to be leased and used by Anthropic. Sources familiar with the matter disclosed that Broadcom (AVGO.US) will provide support for most of the payments in this transaction, marking one of the largest chip financing deals in the private credit market to date.