On October 2, foreign media, drawing on sources with inside knowledge, reported that Broadcom's (AVGO.O) consortium of Wall Street banks is initiating a fresh $60 billion financing scheme dedicated to AI chips. This initiative aims to bolster AI enterprises, including Anthropic. Under this plan, banks will extend syndication invitation letters to investors for $42 billion in Class A senior secured debt. Meanwhile, the Blackstone Group is at the forefront of the $18 billion Class B subordinated debt financing, pledging to contribute $9 billion, with the residual amount to be syndicated. The financing scheme has been under development for several weeks and has drawn considerable interest from both Wall Street and Silicon Valley circles. The industry is keen to gauge, through this transaction, the extent of investor support for the expansion of AI infrastructure. Broadcom is vying with NVIDIA by ramping up sales of chips and data center equipment, amid surging demand for computational power from AI firms like Anthropic. Insiders revealed in August that this deal would facilitate companies such as Anthropic in gaining access to chips and essential AI infrastructure.