The Chip Giant Helping Anthropic Buy More Chips
A.M. Edition for Oct. 27. Just hours after unveiling details about its hotly-anticipated IPO, the AI startup announced a $63 billion debt deal to help fuel its AI infrastructure push. WSJ reporter Ben Dummett breaks down how Broadcom’s CEO intervened to seal the deal, which some critics have dubbed “circular financing.” Plus, tech reporter Amrith Ramkumar looks at the midterm races that could usher in fresh restrictions on data-center development. And despite once rapping that he’d never do it, Jay-Z is set to headline the next Super Bowl halftime show. Luke Vargas hosts.
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