Anthropic Offers Blackstone Double-Digit Yield in $9 Billion Chip-Financing Deal, FT Reports

3-line summary

• A Blackstone fund will invest $9 billion to help finance Anthropic's latest chip deal, receiving a yield of more than 10%, the Financial Times reported, as cited by Reuters Friday.
• The Blackstone fund is investing in debt backed by five years of lease payments Anthropic will make for the chips, structuring the deal around cash flows from the chip-leasing arrangement.
• Reuters said it could not immediately verify the report; the FT report cited sources familiar with the matter, and Anthropic did not immediately respond to a request for comment.

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