Banks commit $63 billion to lease Broadcom chips to Anthropic

Bank of America, Blackstone, Citi and Morgan Stanley said on Oct. 26, 2026 that committed financing will fund a $63 billion vehicle to buy Broadcom XPU accelerators and networking equipment for lease to Anthropic, with deliveries expected to start in 2027. Bank of America, Citi and Morgan Stanley are arranging the first-lien portion, Blackstone is providing the committed second-lien portion, and Broadcom is giving residual-value support equal to the first-lien amount. The companies said the financing is part of a Broadcom compute agreement announced earlier, and they did not publish the split between the two liens.