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Google's TPU Could See Record-Breaking Order, Private Equity Giant Gearing Up for Massive Chip Financing for Anthropic
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BlockBeats News, May 29th - The latest news shows that private equity giant Apollo Global Management and Blackstone Group are introducing more investors to a approximately $36 billion debt financing deal to help Anthropic build its artificial intelligence infrastructure. Sources familiar with the matter revealed that this debt financing will be used to purchase Google's custom TPU (Tensor Processing Unit) chips, which will then be leased by Anthropic.

Broadcom, which assisted Google in developing the chip, will provide guarantees for most of the transaction. This move is expected to be one of the largest private credit transactions in history and may also be the largest chip financing debt deal to date. The scheme aims to leverage Broadcom's credit rating to provide computing power support for Anthropic. (Jinse)

Source: BlockBeats

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