Saturday, 17 October, 2026
High-Stakes Compute: Anthropic Offers Blackstone 10%+ Yield in $60B Chip Deal
By TechShots Studio
To fund the acquisition of $60 billion in custom Google Tensor Processing Units (TPUs), Anthropic is offering Blackstone a yield exceeding 10% on a $9 billion junior debt investment, according to the Financial Times. Backed by five-year chip lease payments, the high-yield structure highlights the staggering capital requirements and escalating financing costs facing top AI developers competing for computing capacity.
Read full story at REUTERS