Apollo and Blackstone orchestrate a $36 billion debt deal to finance Anthropic’s chips
Summary
Apollo and Blackstone are structuring a $36 billion debt deal to fund Anthropic’s AI infrastructure. The money will help pay for Google’s custom TPU chips, which Anthropic plans to lease through a special-purpose vehicle. Broadcom is backing the largest portions of the transaction with a residual value support arrangement. The structure could become one of the biggest private credit deals ever and the largest chip-financing transaction to date. The news also follows Anthropic’s recent $65 billion funding round that pushed its valuation above OpenAI’s.
Funding
Amount
$36.0B
Total raised
Date
May 29, 2026
Announcement date
Investors
Microsoft, Apollo Global Management
Lead investors
Company
anthropic.com
Funded company
Classifications
industries
No industries detected
applications
Accounting and Taxes
AskAI Classifications
Labels
AI Software
SaaS
Developer Tools
Linked Companies
Anthropic
$10M to $25M