Broadcom to lend Anthropic up to $42bn for its chips, Reuters reports

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Broadcom has agreed to lend Anthropic up to $42 billion via convertible notes to finance AI chip infrastructure, covering about a third of Anthropic's $125.2 billion TPU lease with Google and Broadcom. The deal raises potential conflicts of interest as Broadcom is both supplier and financier, possibly affecting Anthropic's access and pricing of AI hardware.

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