SoftBank completes $30 billion OpenAI investment; Broadcom agrees to lend Anthropic up to $42 billion

SoftBank said it completed its $30 billion investment in OpenAI, Reuters reports. Separately, Reuters reports that Anthropic’s IPO filing shows Broadcom agreed to lend it up to $42 billion for infrastructure spending. The financing could cover about a third of Anthropic’s $125.2 billion commitment to lease computing capacity over five years; Anthropic warned that Broadcom’s dual role as supplier and lender creates potential conflicts of interest.