APO · News · 20260805N

Anthropic Chip Financing

Apollo Global Management, Inc. · 2026-08-05 · Importance 64 · Surprise 42

Apollo and Blackstone reportedly arranged a $35 billion debt financing package two months before the digest to support Anthropic’s use of Google custom tensor processing units. The financing is intended to fund AI infrastructure without requiring Anthropic to finance the spending directly on its balance sheet. Subsequent reporting said Blackstone was discussing a potential second package of at least $36 billion for the same purpose. The transactions would support Anthropic’s rapid infrastructure expansion ahead of its confidential IPO filing.

Key facts

• The potential $36 billion Blackstone debt financing would exceed a previous $35 billion deal involving Apollo Global Management and Blackstone arranged about two months earlier for similar purposes. source