Apollo Seeks Partners for $36B Debt Deal to Buy AI Chips for Anthropic

Bloomberg Tech
Generative AI AI Business

Apollo and Blackstone are working to bring additional investors into a roughly $36B debt financing deal to help Anthropic build out its AI infrastructure. The debt will be used to purchase Google’s custom chips known as tensor processing units, or TPUs, which Anthropic will then lease, according to people with knowledge of the matter. Bloomberg's Neil Campling reports.