-+ 0.00%
-+ 0.00%
-+ 0.00%
According to media reports, citing people familiar with the matter, Broadcom is in talks with a number of institutions and plans to raise more than 60 billion US dollars through debt financing to provide financial support for artificial intelligence chip projects. The deal will benefit other companies such as Anthropic. According to the proposed plan, Broadcom will guarantee part of the advanced guarantee debt. The size of this debt is likely to be between $60 billion and $70 billion. This debt will be issued by a special purpose carrier. People familiar with the matter said that the financing plan is still being finalized and may also include a subprime debt of about 30 billion US dollars. If calculated on the scale currently being discussed, the total amount of financing could reach up to 100 billion US dollars. Blackstone Group and Apollo Global Management are rumored to be in talks with Broadcom. The three companies reached an “AI XPV Platform” partnership in June of this year, providing 35 billion US dollars in financing for the deployment of 1 gigawatt Broadcom custom chip in the data center that Fluidstack is responsible for construction and operation. This computing power was eventually purchased and used by Anthropic.
Share
Listen to the news
According to media reports, citing people familiar with the matter, Broadcom is in talks with a number of institutions and plans to raise more than 60 billion US dollars through debt financing to provide financial support for artificial intelligence chip projects. The deal will benefit other companies such as Anthropic. According to the proposed plan, Broadcom will guarantee part of the advanced guarantee debt. The size of this debt is likely to be between $60 billion and $70 billion. This debt will be issued by a special purpose carrier. People familiar with the matter said that the financing plan is still being finalized and may also include a subprime debt of about 30 billion US dollars. If calculated on the scale currently being discussed, the total amount of financing could reach up to 100 billion US dollars. Blackstone Group and Apollo Global Management are rumored to be in talks with Broadcom. The three companies reached an “AI XPV Platform” partnership in June of this year, providing 35 billion US dollars in financing for the deployment of 1 gigawatt Broadcom custom chip in the data center that Fluidstack is responsible for construction and operation. This computing power was eventually purchased and used by Anthropic.
Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.
What's Trending