Apollo Global Management and Blackstone are bringing in investors for about $36 billion of debt financing to fund acquisition of Google-customized TPU (tensor processing unit) chips for ANTHROPIC, sources said. Broadcom, which helped develop the chips for Google, will guarantee most of the proceeds; the chips would be bought and then leased to ANTHROPIC. The structure aims to use Broadcom’s credit profile to back compute financing and, if completed, would be among the largest private-credit tran

Apollo Global Management and Blackstone are bringing in investors for about $36 billion of debt financing to fund acquisition of Google-customized TPU (tensor processing unit) chips for ANTHROPIC, sources said. Broadcom, which helped develop the chips for Google, will guarantee most of the proceeds; the chips would be bought and then leased to ANTHROPIC. The structure aims to use Broadcom’s credit profile to back compute financing and, if completed, would be among the largest private-credit transactions and the biggest chip-financing debt deals to date.