Broadcom CEO steps in to finalize a $63 billion debt deal with Anthropic
2026-10-27 09:25:17
According to CoinMeta, Broadcom ( AVGO.O ) and Anthropic have finally finalized a $63 billion debt deal to finance artificial intelligence infrastructure. Broadcom's CEO spent nearly two months attempting to get banks to commit to funding the largest artificial intelligence debt deal in history, amounting to over $40 billion. The purpose of this deal is for Anthropic to lease specialized chips that Broadcom is jointly developing with Google. Although Anthropic is the main beneficiary of this deal, the startup still needs the help of its larger business partner to raise funds. Anthropic and Broadcom are trying to complete the transaction before the highly anticipated IPO application. As the supplier of Anthropic chips, Broadcom is at the center of the action. With its excellent credit rating, Broadcom has agreed to provide partial financial guarantees, giving banks more confidence in the significant risks associated with the loan of over $40 billion. However, sources familiar with the matter say that in recent weeks, some banks have become increasingly anxious about participating in this deal, which is known as the "Polaris Project."
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Source:Internet
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