Broadcom is in talks to borrow between $70 billion and $80 billion to finance chips for artificial intelligence customers including Anthropic, according to people cited by CNBC. The money would be split into a senior portion repaid first and a smaller junior portion, with Blackstone and Apollo among the firms said to be involved. The figures are not final and no deal has been confirmed by the companies.
What changed
Broadcom's AI chip platform for Anthropic and OpenAI was backed by an initial $35 billion financing led by Blackstone and Apollo.
- $70bn-$80bn debt sought
- $45bn senior tranche
- $35bn junior tranche
- $35bn initial financing in June
Sources