Broadcom is in talks with lenders to raise more than $60bn in debt, Bloomberg reported on Thursday. The money would finance AI chips for Anthropic and other companies. Bloomberg cited people with knowledge of the matter.

The figures under discussion could take the total as high as $100bn. Talks are continuing and the terms may change.

Blackstone and Apollo Global Management are in talks to take part, the same people said. Spokespeople for Broadcom, Anthropic, Apollo and Blackstone declined to comment.

How the financing is structured

The package has two parts. A junior tranche of roughly $30bn sits alongside a senior-secured tranche of about $60bn to $70bn, according to Bloomberg.