By Jeong Du-yong
Publication Date: 2026-10-02 07:32:00
U.S. chipmaker Broadcom will lend up to $42 billion (about 57 trillion won) to AI developer Anthropic. Anthropic plans to use the funds to secure computing capacity for Google’s AI accelerator, the tensor processing unit (TPU). As Broadcom co-develops TPUs with Google while also financing customers that use them, concerns are growing in the AI industry about “circular financing.”
On the 1st (local time), Reuters, citing Anthropic’s initial public offering (IPO) prospectus, reported that Broadcom agreed to provide up to $42 billion in financial support for Anthropic’s AI infrastructure investments.
The funds will be raised in the form of convertible bonds (CB) that can be converted into Anthropic shares in the future. Broadcom may designate a separate financial firm to co-arrange the funding. Anthropic said it expects the convertible bonds will not be sold before the IPO is completed.
The support amount is about…
