# Google moves billions in Anthropic chip risk off its balance sheet

> Source: <https://the-decoder.com/google-moves-billions-in-anthropic-chip-risk-off-its-balance-sheet/>
> Published: 2026-08-04 16:38:58+00:00

Google is working with Broadcom, Apollo, Blackstone, and Morgan Stanley on a multibillion-dollar financing structure that supplies Anthropic with AI chips and data centers while keeping most of the risk off Google's balance sheet. The setup leaves roughly $200 billion in contracts dependent on Anthropic's continued growth and ability to make its lease payments.

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