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Anthropic offers Blackstone 10%+ yield on $60B debt for Google TPUs; Blackstone to invest $9B

#anthropic#blackstone#google tpu#debt financing

According to the Financial Times, Anthropic is offering Blackstone a yield above 10% to help finance a $60 billion debt package intended to purchase Google TPUs. Blackstone would invest $9 billion in the debt, though high borrowing costs complicate Anthropic's goal of achieving investment-grade status.

Coverage timeline

  1. Techmeme
    Sources: Anthropic is offering Blackstone a 10%+ yield to help finance Anthropic's $60B debt package to buy Google TPUs; Blackstone would invest $9B in the debt (Financial Times)

    Financial Times : Sources: Anthropic is offering Blackstone a 10%+ yield to help finance Anthropic's $60B debt package to buy Google TPUs; Blackstone would invest $9B in the debt — High borrowing costs complicate AI lab's goal of achieving investment-grade status — Anthropic is offering Blackstone …

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