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Banks to finance $63 billion of Broadcom chips for Anthropic

The leasing vehicle shows how large AI compute purchases are being financed through Wall Street rather than the AI lab's own balance sheet.

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Bank of America, Citigroup, Morgan Stanley and Blackstone will finance $63 billion of Broadcom AI chips and networking gear for Anthropic, with a new vehicle set to lease the equipment to Anthropic and deliveries expected in 2027.
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