Google has assembled one of the largest infrastructure financing programmes in history to sell more than $150bn of AI chips destined for Anthropic.
The effort brings together Google, Broadcom, Apollo, Blackstone, Morgan Stanley and a slew of crypto miners in a web of transactions that stretches from chip manufacturing to data centre development, according to people involved in the project and corporate filings reviewed by the FT.
The arrangements, which tie together contracts worth about $200bn, have not previously been reported in full. They reveal how Big Tech is creating funding models for AI that reach far beyond traditional corporate spending and tie more of the financial system to the industry’s growth.
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