# Banks outline $63 billion financing plan for Anthropic compute

_Published Thursday, October 29, 2026 at 6:18 PM EDT · AI, Infrastructure · Latest · Tier 1 — Major_

![Banks outline $63 billion financing plan for Anthropic compute — Primary](https://s.yimg.com/lo/mysterio/api/94572413da70f33349c282c6750be22ff5890cd92c9e9db704d9ea81c4eec713/lightyear_networkapi/resizefill_w1200%3Bquality_80%3Bformat_webp/https%3A%2F%2Fmedia.zenfs.com%2Fen%2Fcio_dive_389%2Fd947c0eada38553afba9cb7adb7b5b3d)

Financial institutions including Bank of America, Citi, Morgan Stanley and Blackstone outlined a $63 billion plan this week to finance additional AI computing capacity for Anthropic, CIO Dive reported in an article republished by Yahoo.

The financial partners will buy Broadcom XPU AI accelerators and networking products and lease them to Anthropic starting in 2027. The arrangement puts hardware ownership with the financing partners while supplying computing equipment to the frontier model developer through leases.

## Sources

- [YAHOO!](https://tech.yahoo.com/ai/claude/articles/tech-bytes-big-banks-unite-195640142.html)

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Canonical: https://techandbusiness.org/newswire/YGcQ1XmXDuBStNTi0w5Fuz
Published: 2026-10-29T22:18:47.825Z
Story chronology: 2026-10-29T19:56:40.000Z
Retrieved: 2026-10-30T00:33:05.825Z
Publisher: Tech & Business (techandbusiness.org)