One of the largest private credit transactions in history has been finalized: Apollo (APO.US) and Blackstone (BX.US) have secured $35 billion in financing for Anthropic.

Wisdom Financial APP learned that, according to reports, Apollo Global Management (APO.US) and Blackstone Group (BX.US) have finalized a $35 billion private credit financing deal that will be used to support the expansion of artificial intelligence startup Anthropic. This will be one of the largest private credit transactions in history, and the funds will be used to purchase AI chips developed by Google, a subsidiary of Alphabet (GOOGL.US).