AIThe Next Webabout 2 hours ago
Broadcom to lend Anthropic up to $42bn
2 min read
Broadcom has agreed to lend Anthropic up to $42bn through convertible notes to help fund AI infrastructure, Reuters reported, citing Anthropic's IPO prospectus. The loan covers about a third of Anthropic's $125.2bn five-year TPU lease. Anthropic warns Broadcom's dual role as supplier and financier creates potential conflicts of interest. Anthropic lost $42bn in 2025.
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