Broadcom has lined up $63 billion from four big financial firms to pay for AI chips for Anthropic, a sign of how costly running AI has become.
Broadcom has arranged a $63 billion financing deal to pay for AI chips for Anthropic, the company that makes the Claude AI assistant. Bank of America, Blackstone, Citigroup and Morgan Stanley are backing it, according to Bloomberg Technology.
Broadcom is a chipmaker, and it is supplying the chips Anthropic needs. Financing means lenders or investors put up money to cover a large purchase. Here, that money comes from the four firms instead of only from the tech companies involved.
That is the notable part. Banks and investors are now funding AI hardware directly, not just the tech companies themselves.
The cost of running AI is huge. That bill may eventually show up in the prices people pay for AI tools at work and at home. Nothing in the report says prices will change, but the size of this deal shows how much money sits behind the tools many people now use.
AI is so expensive to run that big banks are now financing the chips, and those costs could eventually show up in what AI tools cost you.
A new Alibaba-led test of real coding requests found the best AI agent fully finished just 26.4 percent of tasks, so human review still matters.
Read more: AI coding helpers fully finish only about 1 in 4 real tasksEA has re-released 25 classic PC games at a discount until November 19, and Bethesda has finally given The Elder Scrolls VI a subtitle: Sentinel.
Read more: EA brings 25 classic PC games back, and Elder Scrolls VI gets a nameA user says Anthropic's Claude Code put his email in web requests, then scam messages arrived. The link is unproven, but it shows what AI tools can share.
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