Broadcom secures $63 billion from banks to finance AI compute sales to Anthropic

Investing.com -- Bank of America, Blackstone, Citi and Morgan Stanley announced Monday a $63 billion transaction to deploy AI compute capacity using Broadcom Inc.'s technology for Anthropic. The deal forms part of a strategic compute capacity agreement previously disclosed by Broadcom, with deliveries expected to begin in calendar 2027. Still guessing which stocks will beat the market? Our AI portfolio updates monthly and is outperforming the S&P 500 by 118%. See this month's list » The transaction will be executed through a newly formed special purpose vehicle with committed financing from the four financial partners to purchase Broadcom XPU AI accelerators and networking solutions that will be leased to Anthropic.