Broadcom agrees to lend Anthropic up to $42 billion for AI chip leases

Reuters reports Anthropic’s IPO filing shows Broadcom agreed to lend the AI lab up to $42 billion. Techmeme, citing Reuters, says the convertible notes could help fund Anthropic’s $125.2 billion, five-year TPU lease commitment. Separately, Techmeme, citing Bloomberg, says a Broadcom Wall Street syndicate is amassing $60 billion in AI chip financing for Anthropic and other companies.