A $60 billion bank financing package will allow Anthropic to lease Broadcom chips at scale, with Blackstone leading an $18 billion junior tranche.
Tag: Broadcom
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Broadcom AI Chip Revenue Triples to $16.7 Billion in Record Quarter
Broadcom’s fiscal Q3 revenue climbed 85 percent to $29.6 billion as AI semiconductor sales surged 221 percent year-on-year to $16.7 billion, driven by custom chip demand from six major cloud and AI customers.
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Broadcom Lines Up $60 Billion in Debt to Finance AI Infrastructure Boom
Broadcom is raising more than $60 billion in debt — potentially $100 billion including junior tranches — for AI infrastructure projects involving Anthropic, part of a broader shift from corporate balance sheets to capital markets for AI scale-out.
Posted inTech
Meta’s Iris AI chip enters mass production at TSMC’s 2nm node in September
Meta begins manufacturing its custom Iris AI chip at TSMC’s 2nm node in September 2026, aiming to double AI compute capacity while reducing reliance on Nvidia GPUs.
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OpenAI and Broadcom unveil Jalapeño, the first custom AI inference chip from an AI lab
OpenAI and Broadcom have unveiled Jalapeño, OpenAI’s first custom AI inference chip, designed to cut inference costs and reduce dependence on Nvidia GPUs.