Insiders say that Broadcom's Wall Street banking group has begun to raise $60 billion in new financing for AI chips, with beneficiaries including companies such as Anthropic.

Insiders stated that the banks involved in this large-scale debt financing are preparing to issue syndicate invitation letters to potential lenders for the $42 billion of Class A senior secured loans. Blackstone is leading the $18 billion of Class B subordinated debt financing and plans to commit $9 billion through its various funds, with the remaining amount to be raised through a syndicate approach.

As the transaction has not yet been announced, people familiar with the details are reluctant to be named. A Broadcom representative declined to comment.

This financing plan has been in the works for several weeks, and industry insiders from Wall Street and Silicon Valley are closely monitoring its progress to determine whether investors are still willing to provide funding for the infrastructure expansion of AI at a time when data center construction is facing public opposition. Broadcom is seeking to sell more chips and other data center equipment, competing with NVIDIA, while companies such as Anthropic and AI require increasingly more computing power.

Informed sources stated in August that this potential transaction will help companies, including Anthropic, obtain chips and other key AI infrastructure.

This financing will add to the billions of dollars in debt that have already been raised for the infrastructure construction of AI. Although a large portion of this money is used for data centers, there are also an increasing number of financing transactions providing funds for chips and servers.

In August of this year, NVIDIA also announced a collaboration with six major financial institutions, including Blackstone, aiming to leverage over $500 billion in funds to invest in AI, which includes assisting customers with financing for the purchase of NVIDIA chips.

At the same time, Blackstone's investment in Anthropic also helped to improve the performance of its private equity fund targeting wealthy individual investors.