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Wall Street banks launch record $60bn chip deal for Broadcom and Anthropic

A group of Wall Street banks has launched a record $60 billion financing deal tied to chipmaker Broadcom and AI company Anthropic, according to the Financial Times. The deal is described as the largest of its kind, underscoring the enormous capital demands of the AI boom and banks' eagerness to fund semiconductor and artificial intelligence expansion.

Why now: The sheer record size of the financing and its link to the AI and semiconductor boom make it major financial news.

BroadcomAnthropicWall Street banksFinancial Times

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