--- title: Broadcom seeks more than $60bn in debt to fund AI chips... description: Broadcom is negotiating with lenders to raise more than $60bn in debt, potentially reaching $100bn, to finance AI chips leased to Anthropic and other AI labs.... canonical: https://daily.dev/posts/broadcom-seeks-more-than-60bn-in-debt-to-fund-ai-chips-for-anthropic-ljrokbpqa twitter:card: summary_large_image twitter:site: @dailydotdev og:type: website og:site_name: daily.dev og:title: Broadcom seeks more than $60bn in debt to fund AI chips for Anthropic | daily.dev og:description: Broadcom is negotiating with lenders to raise more than $60bn in debt, potentially reaching $100bn, to finance AI chips leased to Anthropic and other AI labs.... og:url: https://daily.dev/posts/broadcom-seeks-more-than-60bn-in-debt-to-fund-ai-chips-for-anthropic-ljrokbpqa og:image: https://api.daily.dev/og/posts/ljRokBPqa.png og:image:alt: Broadcom seeks more than $60bn in debt to fund AI chips for Anthropic og:image:width: 1200 og:image:height: 630 og:locale: en --- > ## Documentation Index > Fetch the complete documentation index at: https://daily.dev/llms.txt > Use this file to discover all available pages before exploring further. # Broadcom seeks more than $60bn in debt to fund AI chips for Anthropic **[The Next Web](https://daily.dev/sources/tnw)** · 5 min read · 1 upvotes · 0 comments ## Summary Broadcom is negotiating with lenders to raise more than $60bn in debt, potentially reaching $100bn, to finance AI chips leased to Anthropic and other AI labs. Apollo Global Management and Blackstone are involved, following a $35bn deal in June under the AI XPV partnership. The financing uses a special-purpose vehicle so the debt doesn't sit on Anthropic's or Broadcom's balance sheets directly, with Broadcom guaranteeing part of the senior tranche to secure investment-grade ratings. The partnership aims to fund over 20 gigawatts of AI computing capacity by 2028, having so far financed about one gigawatt. Anthropic is separately raising billions more through data center loans, a revolving credit facility, and preparing for an IPO expected to rival or exceed SpaceX's $75bn raise. ## Full article daily.dev links to this article rather than hosting it. Read it at the original source: ## Questions this post answers ### How much debt is Broadcom raising to finance AI chips for Anthropic? Broadcom is in talks to raise more than $60bn in debt, with the total potentially reaching $100bn, to finance AI chips leased to Anthropic and other companies. The structure includes a roughly $30bn junior tranche alongside a $60bn-$70bn senior-secured tranche, issued through a special-purpose vehicle, with Broadcom guaranteeing part of the senior tranche. _Anyone tracking AI infrastructure spending can follow financing deals like this one on daily.dev._ ### What is the AI XPV partnership between Broadcom, Apollo, and Blackstone? AI XPV is a partnership formed in June by Broadcom, Apollo Global Management, and Blackstone to finance AI computing infrastructure. Its opening transaction raised $35bn to expand Anthropic's computing capacity using Broadcom custom chips and networking gear, adding about one gigawatt toward a stated goal of financing over 20 gigawatts for leading AI labs by 2028. _Developers weighing AI compute costs can track how these financing deals shape capacity on daily.dev._ ### How does leasing AI chips through a special-purpose vehicle work in deals like Broadcom's Anthropic financing? A special-purpose vehicle is a separate legal entity created to hold specific assets and the debt borrowed against them, keeping that debt off the parent company's balance sheet. In the Broadcom-Anthropic arrangement, investors finance the chip purchase through the vehicle and then lease the hardware to Anthropic, rather than Anthropic buying the chips directly. _Engineers curious how compute gets financed behind the scenes can follow these deal structures on daily.dev._ ## Similar posts on daily.dev - [Apollo and Blackstone shop a $36bn debt deal to buy Anthropic its chips](https://daily.dev/posts/apollo-and-blackstone-shop-a-36bn-debt-deal-to-buy-anthropic-its-chips-sdtxtb8ja) · The Next Web · 1 upvotes · 0 comments - [Google to invest up to $40B in Anthropic in cash and compute](https://daily.dev/posts/google-to-invest-up-to-40b-in-anthropic-in-cash-and-compute-6tvrfnwhy) · TechCrunch · 0 upvotes · 0 comments --- Tags: [#anthropic](https://daily.dev/tags/anthropic), [#ai-infrastructure](https://daily.dev/tags/ai-infrastructure) [View this post on daily.dev](https://daily.dev/posts/broadcom-seeks-more-than-60bn-in-debt-to-fund-ai-chips-for-anthropic-ljrokbpqa) ```json {"@context":"https://schema.org","@graph":[{"@type":"Organization","@id":"https://daily.dev/#organization","name":"daily.dev","url":"https://daily.dev","logo":{"@type":"ImageObject","url":"https://daily.dev/apple-touch-icon.png","width":180,"height":180},"sameAs":["https://twitter.com/dailydotdev","https://github.com/dailydotdev","https://www.linkedin.com/company/daily-dev-ltd"]},{"@type":"WebSite","@id":"https://daily.dev/#website","url":"https://daily.dev","name":"daily.dev","publisher":{"@id":"https://daily.dev/#organization"},"potentialAction":{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https://daily.dev/search?q={search_term_string}"},"query-input":"required name=search_term_string"}}]} {"@context":"https://schema.org","@type":"TechArticle","headline":"Broadcom seeks more than $60bn in debt to fund AI chips for Anthropic","url":"https://daily.dev/posts/broadcom-seeks-more-than-60bn-in-debt-to-fund-ai-chips-for-anthropic-ljrokbpqa","mainEntityOfPage":{"@type":"WebPage","@id":"https://daily.dev/posts/broadcom-seeks-more-than-60bn-in-debt-to-fund-ai-chips-for-anthropic-ljrokbpqa"},"datePublished":"2026-08-21T12:20:34.960Z","dateModified":"2026-09-14T07:31:22.275Z","description":"Broadcom is negotiating with lenders to raise more than $60bn in debt, potentially reaching $100bn, to finance AI chips leased to Anthropic and other AI labs....","image":"https://media.daily.dev/image/upload/f_auto,q_auto/v1/posts/776d3986f6e7f84f3a49bbc7058612bd?_a=AQAEuop","thumbnailUrl":"https://media.daily.dev/image/upload/f_auto,q_auto/v1/posts/776d3986f6e7f84f3a49bbc7058612bd?_a=AQAEuop","isAccessibleForFree":true,"articleSection":"The Next Web","inLanguage":"en","publisher":{"@type":"Organization","name":"daily.dev","url":"https://daily.dev","logo":{"@type":"ImageObject","url":"https://daily.dev/apple-touch-icon.png","width":180,"height":180}},"author":{"@type":"Organization","name":"The Next Web","logo":"https://media.daily.dev/image/upload/t_logo,f_auto/v1/logos/tnw","url":"https://daily.dev/sources/tnw"},"commentCount":0,"discussionUrl":"https://daily.dev/posts/broadcom-seeks-more-than-60bn-in-debt-to-fund-ai-chips-for-anthropic-ljrokbpqa","interactionStatistic":[{"@type":"InteractionCounter","interactionType":{"@type":"LikeAction"},"userInteractionCount":1},{"@type":"InteractionCounter","interactionType":{"@type":"CommentAction"},"userInteractionCount":0}],"keywords":"anthropic,ai-infrastructure","timeRequired":"PT5M"} {"@context":"https://schema.org","@type":"BreadcrumbList","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https://daily.dev"},{"@type":"ListItem","position":2,"name":"The Next Web","item":"https://daily.dev/sources/tnw"},{"@type":"ListItem","position":3,"name":"Broadcom seeks more than $60bn in debt to fund AI chips for Anthropic"}]} {"@context":"https://schema.org","@type":"FAQPage","@id":"https://daily.dev/posts/broadcom-seeks-more-than-60bn-in-debt-to-fund-ai-chips-for-anthropic-ljrokbpqa#faq","mainEntity":[{"@type":"Question","name":"How much debt is Broadcom raising to finance AI chips for Anthropic?","acceptedAnswer":{"@type":"Answer","text":"Broadcom is in talks to raise more than $60bn in debt, with the total potentially reaching $100bn, to finance AI chips leased to Anthropic and other companies. The structure includes a roughly $30bn junior tranche alongside a $60bn-$70bn senior-secured tranche, issued through a special-purpose vehicle, with Broadcom guaranteeing part of the senior tranche. Anyone tracking AI infrastructure spending can follow financing deals like this one on daily.dev."}},{"@type":"Question","name":"What is the AI XPV partnership between Broadcom, Apollo, and Blackstone?","acceptedAnswer":{"@type":"Answer","text":"AI XPV is a partnership formed in June by Broadcom, Apollo Global Management, and Blackstone to finance AI computing infrastructure. Its opening transaction raised $35bn to expand Anthropic's computing capacity using Broadcom custom chips and networking gear, adding about one gigawatt toward a stated goal of financing over 20 gigawatts for leading AI labs by 2028. Developers weighing AI compute costs can track how these financing deals shape capacity on daily.dev."}},{"@type":"Question","name":"How does leasing AI chips through a special-purpose vehicle work in deals like Broadcom's Anthropic financing?","acceptedAnswer":{"@type":"Answer","text":"A special-purpose vehicle is a separate legal entity created to hold specific assets and the debt borrowed against them, keeping that debt off the parent company's balance sheet. In the Broadcom-Anthropic arrangement, investors finance the chip purchase through the vehicle and then lease the hardware to Anthropic, rather than Anthropic buying the chips directly. Engineers curious how compute gets financed behind the scenes can follow these deal structures on daily.dev."}}]} ```