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2 stories for “Broadcom”

AI

Broadcom and Wall Street line up $63 billion to finance chips for Anthropic

Bank of America, Citi, Morgan Stanley and Blackstone will fund a special-purpose company that buys the chips and leases them to the maker of Claude. Broadcom is guaranteeing part of the risk, and Moody's is already sounding a warning.

Yael Barak, AI Correspondent / 3 min read

Global Tech

Meta to raise up to $95 billion in stock to fund the AI race

After its first quarter of negative free cash flow in more than a decade, the social media giant turns to the capital markets. Nvidia, AMD and Broadcom signal interest in taking part.

Itai Rosen, Global Tech Correspondent / 3 min read