Bank of America, Blackstone, Citi and Morgan Stanley Announce Landmark $63 Billion Financing Structure to Enable AI Compute

Bank of America, Blackstone, Citi and Morgan Stanley (the “Lead Financial Partners”) have announced a $63 billion transaction to enable the deployment of AI compute capacity, leveraging Broadcom Inc.’s (NASDAQ: AVGO) technology, for Anthropic. This transaction is part of the strategic compute capacity agreement previously announced by Broadcom, with expected…