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Crypto Breaking News

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Bloomberg

Apollo Seeks Partners for $36B Debt Deal to Buy AI Chips for Anthropic

Apollo and Blackstone are working to bring additional investors into a roughly $36 billion debt financing deal to help Anthropic build out its AI infrastructure. The debt will be used to purchase Google's custom chips known as tensor processing units, or TPUs, which Anthropic will then lease, according to people with knowledge of the matter. Bloomberg's Neil Campling reports.

Read more: Apollo Seeks Partners for $36B Debt Deal to Buy AI Chips for Anthropic
Bloomberg

Job Market Jitters as AI Demand Grows: Markets Snapshot

Equity benchmarks across Asia and the US saw new highs this week, driven by optimism around the resonant AI trade despite growing concerns of potential disruptions to the labor market. The Opening Trade spoke with industry experts and leading market voices on how companies and regions are preparing for a latent transformation to jobs.

Read more: Job Market Jitters as AI Demand Grows: Markets Snapshot