StartupsTech in Asiaabout 4 hours ago
Blackstone Banks Fund $63B Broadcom Anthropic Deal
2 min read
Blackstone, Bank of America, Citigroup, and Morgan Stanley arranged a $63 billion committed financing deal for Anthropic's chip procurement via a special purpose vehicle. The structure enables the vehicle to buy Broadcom chips and lease them to Anthropic, with Broadcom providing residual value support to underpin asset value.
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