By Sheryar Siddiq
Publication Date: 2026-08-29 03:11:00
A Broadcom Inc. (NASDAQ:AVGO)-backed financing vehicle is reportedly in talks to raise $70 billion to $80 billion in debt for a chip-financing deal that would support AI companies like Anthropic, CNBC’s David Faber confirmed on August 20, with Bloomberg separately reporting that the total arrangement could reach $100 billion once all pieces are counted.
The proposed structure consists of two tranches: a junior tranche of around $30 billion to $35 billion and a senior tranche, which gets repaid first and is estimated to be between $45 billion and as much as $60–70 billion depending on the report.
Scaling An Existing Model
The funding stems from a platform Broadcom Inc. (NASDAQ:AVGO) unveiled in June to enable 20 gigawatts of AI computing capability for companies such as Anthropic and OpenAI, which is roughly equivalent to the output of 20 nuclear power plants. In the first version of this arrangement, a special-purpose vehicle raised debt…
