Apollo wraps up $35 billion debt to buy AI chips for Anthropic
Apollo Global Management Inc. and Blackstone Inc. have finalized a $35 billion financing package for Anthropic PBC to expand its AI infrastructure, marking the latest mega-deal in the artificial intelligence race.
The debt deal priced across three tranches, according to people familiar with the matter. The capital will fund Google’s custom chips for Anthropic to lease, Bloomberg previously reported.
