Broadcom Agrees to Lend Anthropic Up to $42 Billion

Oct 2, 2026
Broadcom agreed to lend Anthropic up to $42 billion to finance computing infrastructure. The facility could cover about one third of Anthropic's $125.2 billion commitment to lease TPU capacity.
Broadcom Agrees to Lend Anthropic Up to $42 Billion

Broadcom Inc. agreed to lend Anthropic up to $42 billion for computing infrastructure, Reuters reports. The financing could cover about one third of Anthropic's $125.2 billion commitment to lease tensor processing unit capacity over five years.

Broadcom could appoint a financing partner, and the debt instruments could convert into Anthropic shares. Anthropic said it does not expect any notes to be sold before its planned initial public offering.

Anthropic disclosed that Broadcom's roles as a hardware supplier and financing partner create potential conflicts of interest. Pricing or hardware decisions by Broadcom could affect Anthropic's access to computing capacity, while certain defaults could make a substantial portion of its lease obligations immediately due.

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