Broadcom may lend Anthropic $42B for TPU infrastructure

Reuters, citing Anthropic's IPO prospectus, reported on Oct. 1 that Broadcom has agreed to lend Anthropic up to $42 billion to finance infrastructure, with convertible notes that could fund about a third of a $125.2 billion five-year TPU lease. Anthropic said it does not expect notes to be sold before the IPO and warned of potential conflicts from Broadcom acting as both hardware supplier and financier. Broadcom and Anthropic declined comment; a public EDGAR S-1 was not opened for this report.