Asset management firm Blackstone has held early discussions with investors around a potential large-scale debt package to finance Anthropic’s use of Google AI accelerator chips, Bloomberg reported.
One initial proposal for the new debt deal was for at least $36bn (£26.8bn), according to the report, which would exceed the $35bn that Apollo Global Management and Blackstone arranged about two months ago, also to fund Anthropic’s lease of Google AI chips.
Image credit: Anthropic
Circular financing
That deal was one of the largest private credit transactions in history.
