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Anthropic reportedly offers Blackstone over 10% on chip debt

This edition read secondary reports of the FT story, not the FT article itself, and no company has confirmed the terms. The package is described as under negotiation, not closed, and shows no money received. Secondary coverage says a $42 billion senior piece is part of the $60 billion; that overlap is not confirmed here, so the amounts must not be added together.

Reported claim

What was claimed?

The Financial Times reported on October 16 that Anthropic offered Blackstone a coupon above 10% to take a $9 billion junior slice of a $60 billion debt package arranged by Broadcom to finance Google TPUs. Secondary coverage ties the package to Anthropic's five-year commitment to lease Google TPUs, and says the senior lenders would get residual-value support from Broadcom.

What does the evidence support?

Reported claim, not independently established

The price of the riskiest slice shows what lenders want in return for funding AI chips for a company that has not gone public. Secondary coverage puts the senior portion at around 7%, so the junior lender is paid several points more for taking losses first. This appears to be the same $60 billion package Bloomberg reported on October 2.

What are the limits?

This edition read secondary reports of the FT story, not the FT article itself, and no company has confirmed the terms. The package is described as under negotiation, not closed, and shows no money received. Secondary coverage says a $42 billion senior piece is part of the $60 billion; that overlap is not confirmed here, so the amounts must not be added together.

Claim or evidence date: 2026-10-16. Last verified: .

Startup Fortune · report on FT chip financing story ↗

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