Banks and Blackstone Form $63 Billion Vehicle for Broadcom AI Technology
Bank of America, Blackstone, Citi and Morgan Stanley plan to finance the purchase of AI computing infrastructure from Broadcom and lease it to Anthropic.
By Elias SchisgallA coalition of major financial institutions is lining up $63 billion in financing to purchase artificial-intelligence computing infrastructure from Broadcom and lease it to Anthropic.The firms involved in the deal — Bank of America, Blackstone, Citi and Morgan Stanley — plan to fo…