Broadcom offers Anthropic up to $42 billion in chip financing
Anthropic pushes toward a mega-IPO before Thanksgiving as investors value the AI startup at $2 trillion or more
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Markets are positioning for Friday's payrolls report, with economists expecting 88,000 new jobs and a 4.1% unemployment rate. September's reading came in at 90,000, beating a 38,000 forecast and topping August's 75,000 gain. That beat reset expectations toward a more hawkish Federal Reserve stance, and Friday's consensus suggests the "gradual cooling" narrative is back in play. A surprise in either direction is likely to reprice rate-cut odds quickly.
Broadcom has offered Anthropic up to $42 billion in chip financing, extending a pattern of large compute commitments that already includes deals with SpaceX and Akamai. Anthropic has disclosed a SpaceX compute agreement worth up to $84.5 billion through 2029, and Nvidia has said its exposure to Anthropic's contracted value stands at $180 billion. The Broadcom offer reinforces demand for AI infrastructure without changing the chip guidance already on the table.
A Pentagon supply-chain ruling tied to the company remains unresolved as the roadshow approaches.
Amazon has agreed to buy 690 MW of renewable energy capacity, a move consistent with its ongoing infrastructure buildout and with no immediate pricing implication.