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Apollo and Blackstone are wrangling $36B to buy Google chips for Anthropic

Apollo Global Management and Blackstone are competing to raise $36 billion to acquire chips from Google for use by Anthropic, the AI startup backed by Google. The deal would provide Anthropic with critical computing power for its AI models while giving the investment firms a stake in the AI infrastructure. The financing underscores the escalating demand for specialized chips to power artificial intelligence development.

read1 min publishedMay 29, 2026

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