Broadcom Teams with Four Wall Street Giants to Complete $63 Billion AI Chip Financing; Anthropic Uses Debt Instead of Equity to Lock In Independent Compute Channel
Broadcom and four major financial institutions completed a $63 billion financing commitment through a newly established SPV to purchase Broadcom AI accelerators and data center networking equipment for lease to Anthropic. The transaction pairs first- and second-lien debt with Broadcom residual-value support and coincides with Anthropic’s Nasdaq S-1 filing, highlighting the financialization of AI compute.