Apollo, Blackstone work on $36 billion debt deal for Anthropic, Bloomberg News reports
Apollo Global Management Inc. and Blackstone Inc. are reportedly collaborating on a substantial $36 billion debt financing package for artificial intelligence startup Anthropic. The initial report regarding this potential deal was published by Bloomberg News, as cited by Reuters.
The significant loan is intended to bolster Anthropic's ongoing development and expansion within the artificial intelligence sector. Investing.com characterized the reported $36 billion loan as a "record" amount, highlighting its scale in the current financial landscape.
Both Apollo Global Management and Blackstone Inc. are major players in the global investment and asset management industry. Anthropic, a company focused on artificial intelligence research and development, would utilize these funds to advance its strategic objectives.
Further details concerning the specific terms, timeline, or structure of the reported $36 billion debt deal were not immediately available in the provided reports.