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MAJORTech Media2026-10-26 21:48

Wall Street banks line up $63B to finance Broadcom AI chips for Anthropic

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 on Monday. Reuters describes it as one of the largest debt deals tied to the AI buildout. It matters because it shows Wall Street directly bankrolling the compute arms race, tying Anthropic's expansion to Broadcom hardware at an exceptional scale.

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