Anthropic weighs pricier chip debt as Blackstone eyes 10% coupon
Photo: Crypto Briefing
The AI lab is in advanced talks over a $60 billion financing package for Google TPUs, and the junior slice costs more than last time Anthropic is in advanced talks with Blackstone over a piece of a $60 billion debt package. The plan is called Project North Star, and it would bankroll a massive leasing deal for Google -built chips. The catch is the price tag. Blackstone-managed funds have been offered a 10% coupon on roughly $9 billion of junior debt.
Source: Crypto Briefing
