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Blackstone Has Pitched Mega Debt Package for Anthropic Chip Deal
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(Bloomberg) -- Blackstone Inc. has held early discussions with investors to gauge interest in a second mega debt package to finance Anthropic PBC's use of chips from Alphabet Inc.'s Google.
Representatives for Blackstone, Apollo, Anthropic and Google declined to comment.
As Silicon Valley races to build AI infrastructure, leading firms have struck complicated and often circular deals with one another in a bid to secure access.
Click here for Bloomberg News's Global AI Infrastructure Debt TrackerBroadcom Inc., Apollo and Blackstone struck a partnership called AI XPV Platform this year to help finance compute infrastructure for leading AI companies including Anthropic.
The $35 billion debt deal that wrapped up a couple of months ago was the first part of that funding.