Banks and Blackstone Announce $63 Billion AI Compute Financing With Broadcom
Bank of America, Blackstone, Citi and Morgan Stanley announced a $63 billion transaction to enable AI compute capacity in partnership with Broadcom.
NEW YORK and CHARLOTTE, N.C. and PALO ALTO, Calif., Oct. 26, 2026 // -- Bank of America (NYSE:BAC), Blackstone (NYSE:BX), Citi (NYSE:C) and Morgan Stanley (NYSE:MS) (the "Lead Financial Partners") today announced a $63 billion transaction to enable the deployment of AI compute capacity, l…