Anthropic may borrow up to $42bn from Broadcom to lease its chips - report

Investing.com -- Anthropic has disclosed a $42 billion financing agreement with Broadcom as part of a partnership that extends beyond typical chip supply arrangements, Reuters reported Thursday citing the artificial intelligence company's IPO prospectus. Before you buy NVIDIA: our AI model's stock picks are beating the market by 120%+. See the list now » The financing deal allows Anthropic to fund infrastructure spending, with Broadcom providing compute supply, equipment leasing and financing services. This arrangement sets Broadcom apart from other major Anthropic partners like Amazon, which primarily offers cloud infrastructure and distribution for the company's Claude model.