Banks and Blackstone Line Up $63 Billion for Anthropic AI Infrastructure
Bank of America, Blackstone, Citi and Morgan Stanley will provide $63 billion in financing to buy Broadcom AI chips and networking gear for Anthropic.
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Banks, Blackstone to Provide $63 Billion for Anthropic’s Broadcom Chips
Bank of America, Blackstone, Citi and Morgan Stanley will provide $63 billion in financing to buy Broadcom AI chips and networking gear for Anthropic, the companies said Monday. The deal is among the largest debt financings tied to the AI buildout.
What's Going On With Broadcom Stock Thursday?
Broadcom Inc. (NASDAQ: AVGO ) stock is trading nearly 2% lower in Thursday’s premarket session as rising Treasury yields and broader weakness in technology stocks weigh on investor sentiment. Nasdaq futures fell 0.78%, while S&P 500 futures declined 0.56%, signaling a weaker opening for Wall Street. The decline comes a