Blackstone promotes large debt financing schemes for the Anthropic chip trade

Blackstone has held preliminary discussions with investors to assess their interest in the second large debt financing programme, which aims to finance the use of the Google chip by Anthropic PBC using Alphabet. According to informed sources, an initial proposal involves at least $36 billion in debt, which would exceed the 35 billion in debt levels finalized some two months ago by Apollo Global Management Inc. and Blackstone. This potential new round of financing follows the clandestine submission of Anthropic ' s application to the United States ' first public equity (IPO) and the company is attempting to land on the open market before the competitor OpenAI。