Tech in Asia reported that Bank of America, Citi, Morgan Stanley and Blackstone will put up $63 billion. The money goes to a special purpose vehicle, a company formed just for this deal. It will buy Broadcom's AI chips and networking equipment and lease them to Anthropic. The outlet says the deal was announced on October 26, the day Anthropic filed for an initial public offering.
Broadcom offers residual value support to the senior lenders, which the outlet calls effectively a guarantee. Deliveries are expected to start in 2027 under an earlier compute capacity agreement. The report gives no lease length, no purchase option and no split of the $63 billion among the four.
Analysis: residual value is what the hardware is expected to be worth when the lease ends. If AI chips age fast, that guess matters most. Broadcom's support for senior lenders suggests the chipmaker is being asked to stand behind resale value. That is our reading, and it covers senior lenders only. Unless the lease passes the chips to Anthropic, the vehicle would hold older chips. For scale, Tech in Asia sets this against CoreWeave's $8.5 billion and $2.6 billion facilities.