CryptoEra News reports, citing Reuters, that Blackstone and Apollo are raising private credit financing of up to $36 billion for Anthropic to support its AI chips purchased from Google. This financing could become one of the largest private credit transactions in history. The financing will be used to buy custom tensor processing unit (TPU) chips, which Anthropic will lease to expand the computing power for its Claude chatbot and related models. Investors were asked to submit orders this week, and the transaction is expected to be completed earlier next week. The deal will further deepen Anthropic’s capital commitments to AI infrastructure. In addition, the company also received new funding of $6.5 billion in April, bringing its valuation to $96.5 billion.

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SeaSaltSparklingWater
· 5h ago
In April, they just raised 6.5 billion, and now they want 36 billion again, with the spending speed faster than model training.
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GateUser-eb706989
· 6h ago
Custom leasing of tensor processing units; Anthropic’s capital structure is quite elaborate.
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SushiSlippage
· 6h ago
One of the largest private credit deals in history, traditional banks just shake their heads.
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MintConditionMax
· 6h ago
A valuation of 965 billion and still borrowing 36 billion to buy chips—this leverage game is intense.
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