# Banks and Blackstone Announce $63 Billion Anthropic Compute Financing

The structure would finance Broadcom equipment for lease to Anthropic, with deliveries expected to begin in 2027.

By Will Langan | 24X7 News
Published: 2026-10-27T02:58:13.013Z
Updated: 2026-10-27T02:58:13.013Z
Section: Money
Format: News
Canonical: https://24x7news.us/articles/anthropic-broadcom-63-billion-compute-financing-october-2026

Launch Catch-Up — Financing Announced October 26, 2026

Bank of America, Blackstone, Citi and Morgan Stanley announced a $63 billion financing transaction October 26 to support computing capacity for Anthropic using Broadcom technology.

According to the joint announcement, a new special-purpose vehicle will buy Broadcom AI accelerators and networking equipment and lease them to Anthropic. Deliveries under the previously announced computing agreement are expected to start in 2027.

Bank of America, Citi and Morgan Stanley are arranging the first-lien financing. Blackstone is providing the committed portion of the second-lien financing. Broadcom will support the vehicle’s residual value in an amount equivalent to the first-lien portion.

The announcement describes committed financing and a planned equipment deployment. It does not establish that all $63 billion has been spent or that the computing capacity is already operating. The parties cautioned that deployment timing and other anticipated outcomes remain subject to business and market risks.

Sources
Joint announcement: https://newsroom.bankofamerica.com/content/newsroom/press-releases/2026/10/bank-of-america--blackstone--citi-and-morgan-stanley-announce-la.html

## Sources
- Bank of America — joint announcement, October 26: https://newsroom.bankofamerica.com/content/newsroom/press-releases/2026/10/bank-of-america--blackstone--citi-and-morgan-stanley-announce-la.html