Major banks to provide $63B in funding for Anthropic AI compute capacity
Four major banks and financial institutions are lending $63 billion to AI company Anthropic for AI compute capacity using Broadcom technology. The funding, from Bank of America, Blackstone, Citigroup, and Morgan Stanley, is part of the strategic compute capacity agreement previously announced by Broadcom, The transaction will be executed through a newly formed special purpose vehicle with financing from the banks to support the purchase of Broadcom XPU AI accelerators and networking solu...
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