# Broadcom agrees to lend Anthropic up to $42B through convertible notes

_Published Thursday, October 1, 2026 at 10:08 AM EDT · AI, Capital · Latest · Tier 1 — Major_

Broadcom agreed to lend Anthropic up to $42B through convertible notes, Reuters reported, citing Anthropic's IPO prospectus. The financing could help fund Anthropic's $125.2B commitment to lease TPU computing capacity over five years. The prospectus documents extensive partnerships with a handful of big technology companies.

## Sources

- [Techmeme](https://www.techmeme.com/261001/p21#a261001p21)

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Canonical: https://techandbusiness.org/newswire/M1Tj9weGlBUtKHiNVG6SvW
Published: 2026-10-01T14:08:23.478Z
Story chronology: 2026-10-01T13:20:03.000Z
Retrieved: 2026-10-02T22:06:36.385Z
Publisher: Tech & Business (techandbusiness.org)