Broadcom to Provide Anthropic with Up to $42 Billion for AI Infrastructure
Broadcom has agreed to provide Anthropic with up to $42 billion to finance AI infrastructure, combining compute capacity, equipment leasing, and lending. In its IPO prospectus, Anthropic disclosed a net loss of $42 billion for 2025 and plans to invest $518 billion in infrastructure. The deal comes as Anthropic prepares for a public listing at a valuation above $2 trillion.
Sources
· 7Broadcom выделит Anthropic до $42 млрд на ИИ-инфраструктуру
1Broadcom предоставит Anthropic до $42 млрд на аренду своих чипов
2Anthropic отчитался о чистом убытке в $42 млрд и планах вложить $518 млрд в инфраструктуру
3Anthropic, как сообщается, близка к завершению кредитной линии на $15 млрд перед IPO
4AMD вложит до $5 млрд в Anthropic; стартап купит чипы на 2 ГВт
5Nvidia может вложить до $10 млрд в IPO Anthropic этой осенью
6Anthropic заключил сделку на $35 млрд по дата-центру в Техасе с Lambda
7Key points
- Broadcom has agreed to provide Anthropic with up to $42 billion to finance AI infrastructure, including compute capacity, equipment leasing, and lending.
- In its IPO prospectus, Anthropic disclosed a net loss of $42 billion for 2025, revenue of nearly $4.6 billion (a 12-fold increase), and operating expenses of $12.65 billion.
- Anthropic plans to spend $518 billion on infrastructure over the next several years.
- The agreement could make Anthropic Broadcom's largest chip customer by 2027, but Anthropic warned of a conflict of interest.
What happened
Broadcom has agreed to provide Anthropic with up to $42 billion to finance AI infrastructure. In its IPO prospectus, Anthropic disclosed a net loss of $42 billion for 2025, revenue of nearly $4.6 billion (a 12-fold increase), and operating expenses of $12.65 billion. Anthropic plans to spend $518 billion on infrastructure over the next several years.
Why it matters
The agreement could make Anthropic Broadcom's largest chip customer by 2027. Anthropic warned of a potential conflict of interest because Broadcom is both an equipment supplier and a financial partner. The deal could also heighten concerns about circular financing in the AI sector.
What changed
Before Broadcom, Anthropic had already negotiated several large infrastructure deals. AMD will invest up to $5 billion in Anthropic, and the startup committed to purchase 2 GW of AMD chips. Nvidia was in talks to invest up to $10 billion in Anthropic's IPO, which could raise up to $100 billion and value the company at $2 trillion. Anthropic also signed a $35 billion agreement with cloud provider Lambda and a $45 billion contract with Nscale for a data center in West Virginia. The company was previously close to completing a $15 billion credit line ahead of the IPO, a process led by Morgan Stanley.
What's Next
Anthropic's IPO is expected to take place in mid-October 2026, according to Reuters sources.