Morgan Stanley, Bank of America, Citi and Blackstone Commit $63 Billion Financing for Anthropic AI Compute Capacity
- Morgan Stanley, Bank of America and Citi joined Blackstone in a $63 billion financing transaction supporting AI compute capacity for Anthropic.
- A newly formed special purpose vehicle will buy Broadcom XPU AI accelerators and networking solutions for lease to Anthropic.
- The three banks are arranging first lien financing; Blackstone is the sole provider of the committed portion of second lien financing.
- Broadcom will provide residual value support to the vehicle equivalent to the first lien financing amount.
- Deliveries under Broadcom's previously announced strategic compute capacity agreement are expected to start in calendar 2027.
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