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AI News from ET - Apollo wraps up $35 billion debt to buy AI chips for Anthropic

Vishwadeep Khatri
in AI News & Two Lenses

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The package, one of the biggest private credit transactions in history, highlights the race by top-tier financiers to fund data center construction and the chips they use. Tech companies are tapping every corner of the credit markets to meet AI’s unprecedented capital demands, forcing Wall Street to engineer novel debt structures to keep pace.

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