Cross‑Border Deal Watch

Anthropic $36B Private Credit Deal from Blackstone/Apollo

Anthropic $36B Private Credit Deal from Blackstone/Apollo

Key Questions

What are the key terms of the private credit deal for Anthropic?

Blackstone and Apollo are providing $36 billion in private credit to Anthropic specifically for AI chip compute, with Broadcom guaranteeing the payments. The transaction represents another large-scale AI infrastructure financing involving complex structures.

How is Elon Musk connected to the Anthropic financing?

Elon Musk has posted details about the Anthropic deal that have created uncertainty for potential investors ahead of SpaceX's IPO. The posts reference SpaceX's partnership but have left some terms unclear.

What does the Anthropic deal signal about private equity in AI?

The financing highlights deep private equity involvement in AI infrastructure and the increasing use of complex credit structures. It deepens Anthropic's existing network of capital relationships in the sector.

Blackstone and Apollo are providing $36B in private credit to Anthropic for AI chip compute, with Broadcom guaranteeing payments. This is another massive AI infrastructure financing, signaling deep PE involvement and complex structures.

Sources (2)
Updated May 31, 2026