Banks back $63B Broadcom AI chip deal for Anthropic

Bank of America, Blackstone, Citigroup and Morgan Stanley are funding a special-purpose vehicle that will buy Broadcom AI chips and lease them to Anthropic in a $63 billion deal, with deliveries expected to begin in 2027. Broadcom provides residual value support, its backstop peaking at about $43 billion and running down to zero over five years, per an SEC filing.

Detected & updated continuously · Source: Nebula