Veytics Intelligence
2026-10-01 · Yahoo

Broadcom to lend Anthropic up to $42 billion to lease chips, in latest circular investing deal

Anthropic (ANTH.PVT) has inked a series of deals with tech heavyweights ranging from Amazon to Microsoft to both finance and provide computing capacity for the company's AI models. All three have raised concerns about circular financing, as each firm provides funding to Anthropic, which then uses it to purchase their services. Now you can add Broadcom (AVGO) to the list. According to Reuters, which obtained Anthropic's IPO prospectus, Broadcom is lending up to $42 billion to Anthropic for its infrastructure buildout. (AVGO ) Go deeper with AlphaSpace 347.61 -3.58 (-1.02%) As of 10:48:10 AM EDT. Market Open.

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