Broadcom wants to borrow more than $60 billion, and the money is earmarked for chips to power Anthropic's AI systems.
Bloomberg reported Thursday that Broadcom is in talks with lenders over the debt package, citing people familiar with the matter. The number under discussion could climb as high as $100 billion before any deal is signed. The financing would fund AI chips for Anthropic and other companies, though Bloomberg's sourcing did not specify which ones. Talks are ongoing, and the terms have not been finalized.
This is debt, not equity, which means Broadcom is wagering it can cover the interest through future chip sales rather than hand over more of the company to investors. Anthropic's compute needs already run into the billions, so a financing package built specifically around supplying it with chips shows how capital-intensive it has become to keep a frontier AI lab fed with silicon.
If $60 billion becomes $100 billion, or vanishes into "talks continue" limbo, that alone will tell you something about how confident lenders actually are in the AI buildout.