๐Ÿค– Anthropic Pays Up for AI Financing Anthropic is offering Blackstone a yield of over 10% to finance

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๐Ÿค– Anthropic Pays Up for AI Financing

Anthropic is offering Blackstone a yield of over 10% to finance its latest $60 billion AI chip deal. That is above the roughly 7% rate paid by borrowers with a similar credit profile in public bond markets.

Blackstone would invest $9 billion in junior debt backed by Anthropicโ€™s five-year lease payments for Googleโ€™s custom AI chips.

The yield is also up from 8.5% four months ago, when Anthropic sold $4.4 billion of similar debt.

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