By Fiona Craig
Publication Date: 2026-10-02 10:26:00
Broadcom (NASDAQ:AVGO) and its Wall Street banking syndicate are beginning efforts to arrange approximately $60 billion in new financing intended to support Anthropic (NASDAQ:ANTP) and other artificial intelligence companies, Bloomberg reported on Friday, citing people familiar with the matter.
Banks participating in the financing are expected to distribute syndication materials for a $42 billion Class A senior-secured tranche, according to the report.
The financing plans follow disclosures in Anthropic’s initial public offering filing showing that Broadcom had agreed to provide the AI company with up to $42 billion in lending to finance infrastructure spending. Reuters had previously reported details of the arrangement.
Broadcom and Anthropic Expand Financial and Technology Links
Anthropic is expected to become Broadcom’s largest chip-design customer by next year, according to the supplied information.
Under the reported…