Blackstone is in early discussions with investors about a second massive debt financing package aimed at funding Anthropic PBC's use of Google chips. According to sources familiar with the matter, the initial proposal involves at least $36 billion in debt, surpassing the $35 billion debt package finalized by Blackstone and Apollo Global Management about two months ago. This potential new funding round comes on the heels of Anthropic's confidential submission of a U.S. IPO application, as the company seeks to go public ahead of rival OpenAI.