Blackstone, Banks Gather $60 Billon for Broadcom AI Chip Deal

Blackstone and a group of banks are organizing a $60 billion financing package to support Broadcom’s production of AI chips. This capital is intended to supply hardware for companies such as Anthropic PBC that are building large-scale artificial intelligence systems. The deal reflects ongoing efforts by financial institutions to fund the infrastructure required to meet the increasing demand for specialized computing power.