Wall Street banks begin offloading $60 billion debt package to fund Anthropic's Google chip lease, guaranteed by Broadcom.

Major Wall Street banks have started selling parts of a new $60 billion debt package. This financing is intended to fund AI lab Anthropic's lease of Google semiconductors, with Broadcom guaranteeing the deal. This marks the largest chip-financing agreement to date, reflecting the intense race among tech companies to secure AI computing power.