---
format: "aidr-story-markdown/v1"
id: "145b0bf78b9cfed277808df2c8f4c4a935c31491a161a2ba88caeea6cc404206"
canonical_url: "https://aidr.today/145b0bf7?lang=en"
title: "Anthropic Offers Blackstone 10% Yield on $60B AI Chip Loan"
lang: "en"
requested_lang: "en"
available_langs: ["en","vi"]
translation_fallback: null
fallback_fields: []
published_at: "2026-10-17T15:27:36.000Z"
category: "Funding"
topics: ["anthropic","funding"]
source_urls: ["https://marketbrief.now/ai/anthropic-offers-blackstone-10percent-yield-on-60b-ai-chip-loan-566d535b","https://x.com/FT/status/2111260264070852755","https://x.com/edzitron/status/2111262199872389375","https://x.com/The_AI_Investor/status/2111300877944492390","https://huggingnews.com/ai/anthropic-offers-blackstone-10percent-yield-on-60b-ai-chip-loan-566d535b"]
summary: "Anthropic has proposed a junior debt arrangement called Project North Star to finance its $125.2B commitment to lease Google Tensor Processing Units, offering Blackstone a yield exceeding 10% to anchor the junior tier of a $60B total debt package arranged by Broadcom. The financing would be the largest chip financing in history, with Blackstone funds committing $9B of their own capital for half of an $18B Class B junior tranche and syndicating the remainder, while banks lead a $42B Class A senior secured tranche. Total returns for the debt top 10% once issuance discounts and fees are included, and the new debt can convert into shares."
---

# Anthropic Offers Blackstone 10% Yield on $60B AI Chip Loan

> [Open the canonical story](<https://aidr.today/145b0bf7?lang=en>)

**Published:** 2026-10-17T15:27:36.000Z
**Category:** Funding
**Topics:** anthropic, funding

## Summary

Anthropic has proposed a junior debt arrangement called Project North Star to finance its $125\.2B commitment to lease Google Tensor Processing Units, offering Blackstone a yield exceeding 10% to anchor the junior tier of a $60B total debt package arranged by Broadcom\. The financing would be the largest chip financing in history, with Blackstone funds committing $9B of their own capital for half of an $18B Class B junior tranche and syndicating the remainder, while banks lead a $42B Class A senior secured tranche\. Total returns for the debt top 10% once issuance discounts and fees are included, and the new debt can convert into shares\.

## Sources

- [Story source](<https://marketbrief.now/ai/anthropic-offers-blackstone-10percent-yield-on-60b-ai-chip-loan-566d535b>)
- [Story source](<https://x.com/FT/status/2111260264070852755>)
- [Supporting source](<https://x.com/edzitron/status/2111262199872389375>)
- [Supporting source](<https://x.com/The_AI_Investor/status/2111300877944492390>)
- [Story source](<https://huggingnews.com/ai/anthropic-offers-blackstone-10percent-yield-on-60b-ai-chip-loan-566d535b>)

