May 28 (Reuters) – 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 would then lease these chips, known as tensor processing units, or TPUs, the report said, citing people familiar with the matter.
Broadcom , which helps Google develop the chips, is backstopping payments on the largest portions of the transaction, the report added.
Investors are being asked to submit orders this week, with the deal expected to close next week, the Bloomberg report said, adding that discussions are ongoing and the terms could still change.
Apollo, Blackstone, Anthropic, Google and Broadcom did not immediately respond to Reuters’ requests for comment.
(Reporting by Prakhar Srivastava in Bengaluru; editing by Alan Barona)
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