A financing group will fund a special-purpose vehicle to buy Broadcom AI accelerators and networking equipment for lease to Anthropic starting in 2027.
A group of major financial firms announced a $63 billion financing structure to support AI computing capacity for Anthropic using Broadcom technology. Bank of America, Citi and Morgan Stanley are arranging first-lien financing, while Blackstone is providing the committed portion of the second-lien financing. The transaction is planned through a newly formed special-purpose vehicle that will buy Broadcom XPU AI accelerators and networking equipment and lease them to Anthropic.
The equipment deliveries are expected to start in 2027, so the announcement describes planned capacity rather than compute already available to Anthropic. Broadcom is also providing residual-value support to the special-purpose vehicle for an amount equivalent to the first-lien financing. That provision is intended to support the financing structure, while tying Broadcom to the value of the equipment used in the deal.
The arrangement illustrates how AI infrastructure expansion is drawing in banks and alternative asset managers alongside chip suppliers and AI developers. Instead of relying only on a direct purchase by the model developer, the structure uses institutional financing to acquire costly hardware that can then be leased. For infrastructure buyers, it shows one way to secure future compute capacity while distributing financing across multiple institutions.
The announcement does not disclose the quantity of accelerators, the precise capacity Anthropic will receive, or the lease terms. Nor does it establish that the planned buildout is complete or that all financing has already been drawn. The commitment is part of a previously announced strategic compute agreement, and the companies’ stated delivery timeline remains forward-looking. Still, the scale of the transaction makes it a significant signal of the capital required to expand frontier-model computing—and of the increasingly interconnected roles played by chipmakers, AI labs and financial institutions.