Anthropic's Prospectus Shows a $42B Broadcom Convertible Ahead of a November IPO
Broadcom agreed to lend Anthropic up to $42 billion through a convertible note that finances about a third of a $125.2 billion, five-year chip lease, according to Anthropic's IPO prospectus. Bloomberg reports the company is weighing a listing as soon as mid-November at up to $2 trillion.