Broadcom banks seek $60B to finance AI chips

Broadcom banks seek B to finance AI chips

By Aytun Çelebi
Publication Date: 2026-10-02 09:22:00

Banks working for Broadcom have begun raising $60 billion in debt to finance AI chips for Anthropic and other companies, Bloomberg News reported, citing people familiar with the matter.

A day earlier, Reuters reported that a filing showed Broadcom would lend Anthropic up to $42 billion so the artificial intelligence company could lease Broadcom’s chips.

The banks are preparing to send syndication letters to investors for a $42 billion Class A senior-secured tranche, according to Bloomberg. The people describing the financing said the deal had not yet been announced.

Blackstone is leading a separate $18 billion Class B junior tranche. It will contribute $9 billion from its own funds and plans to sell the remaining $9…