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American artificial intelligence company
Anthropic, PBC is an American artificial intelligence (AI) public benefit corporation headquartered in San Francisco, California. Its flagship product is Claude, a series of proprietary large language models (LLMs). In January 2021, with the goal of promoting AI safety, Anthropic was founded by former members of OpenAI, including siblings Daniela Amodei and Dario Amodei, who are president and CEO, respectively. The company is privately held but reportedly plans an initial public offering in 2026.
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Broadcom joins in on the trend of chipmakers financing the AI buildout that’s driving demand for their products.
Broadcom has agreed to provide Anthropic with up to $42 billion in financing to support the AI company's massive infrastructure expansion, according to Anthropic's IPO filing reviewed by Reuters. The financing could cover roughly one-third of Anthropic's $125.2 billion commitment to lease tensor processing unit (TPU)…
Broadcom just agreed to loan a customer tens of billions of dollars to buy Broadcom's own chips, putting the company on both sides of the deal at once. Whether that circles cash into guaranteed revenue or quietly shifts a borrower's risk onto shareholders is the question every AVGO investor needs to answer.