Four Major U.S. Financial Institutions Team Up to Launch $63 Billion Financing Plan to Expand Anthropic's AI Computing Capacity

According to a Blackstone Group announcement, Bank of America, Blackstone Group, Citigroup, and Morgan Stanley have jointly announced a $63 billion financing transaction aimed at supporting Anthropic's deployment of AI compute infrastructure. The transaction will be executed through a newly established special purpose vehicle (SPV), which will purchase Broadcom’s XPU AI accelerators and network solutions and lease them to Anthropic for use. The financing will be divided into senior debt and subordinated debt portions, with Bank of America, Citigroup, and Morgan Stanley arranging the senior debt financing, while Blackstone Group will exclusively provide the committed subordinated debt financing. Broadcom will provide residual value support for the portion equivalent to the senior debt financing amount.