Broadcom Arranges $63 Billion Deal to Finance Anthropic’s Chips

(Bloomberg) -- Chipmaker Broadcom Inc. has arranged a $63 billion deal with Bank of America Corp., Blackstone Inc., Citigroup Inc. and Morgan Stanley to finance the purchase of chips for AI model developer Anthropic PBC. Most Read from Bloomberg Lula Wins Record Fourth Term in Surprise Brazil Comeback Anthropic Files for IPO in Global Race to Raise Cash for AI Apple's Foldable iPhone Duo Draws Early Complaints of the Screen Cracking Trump Says Decision Nearing on Iran: Deal or 'Finish It Off' Brazil Markets Crater, Some Stocks Sink 50% After Lula Victory The deal is being done through a new special purpose vehicle with committed financing from the financial firms to buy Broadcom chips and lease them to Anthropic, the firms said in a joint statement...