Apollo and Blackstone are arranging $36 billion to buy Google AI chips for Anthropic
Apollo and Blackstone are arranging $36 billion to buy Google AI chips for Anthropic
The firms plan to buy Google tensor processing units through a special-purpose vehicle and lease them to the AI startup
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Apollo Global Management and Blackstone are working to bring additional investors into a roughly $36 billion debt financing deal tied to Anthropic's AI infrastructure expansion, according to Bloomberg. The deal would rank among the largest private credit transactions ever assembled.
Structured around a special-purpose vehicle, the deal would use the borrowed funds to acquire Google $GOOGL's custom tensor processing units — known........
