May 28 : Apollo Global Management and Blackstone are working to bring in additional investors for about $36 billion debt financing tied to AI startup Anthropic PBC's efforts to expand its AI infrastructure, Bloomberg News reported on Thursday.The debt would be used to buy custom chips from Google. Anthropic w

Founded in 2021 by a group of former OpenAI employees, Anthropic has since emerged as a leader in the AI sector. | World News

May 28 : Apollo Global Management and Blackstone are working to bring in additional investors for about $36 billion debt financing tied to AI startup Anthropic PBC's efforts to…

The debt would be used to buy custom chips from Google. Anthropic would then lease these chips, known as tensor processing units, or TPUs, the report said, citing people…

Anthropic PBC has raised funding at a $965 billion valuation, overtaking rival OpenAI for the first time. The round was led by Altimeter Capital, Dragoneer, Greenoaks and Sequoia…

Apollo and Blackstone are arranging a $36bn financing to buy Google TPUs and lease them to Anthropic, with Broadcom backstopping the senior debt.

The firms plan to buy Google tensor processing units through a special-purpose vehicle and lease them to the AI startup