Apollo, Blackstone Finalize $35 Billion Anthropic Debt Deal for Google AI Chips
Updated
Updated · Bloomberg · Jun 5
Apollo, Blackstone Finalize $35 Billion Anthropic Debt Deal for Google AI Chips
1 articles · Updated · Bloomberg · Jun 5
Summary
$35 billion in debt financing has been finalized by Apollo Global Management and Blackstone for Anthropic to expand AI infrastructure.
The package was priced in three tranches, according to people familiar with the matter, completing one of the latest mega-financings tied to the AI buildout.
The capital will fund Google's custom chips, which Anthropic is expected to lease for its computing needs.
The deal underscores how the AI race is driving ever-larger private credit commitments for data-center capacity and specialized hardware.