Anthropic Secures $35 Billion Financing Package Led By Apollo And Blackstone For Google TPUs
Building Size
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Asset Type
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Closing
Jun 8, 2026
About this deal
AI
Anthropic has secured a $35 billion debt financing package led by Apollo Global Management and Blackstone. This financing is intended to fund the acquisition and leasing of Google Tensor Processing Units (TPUs), executing one of the largest private credit transactions in history. The deal was structured similarly to real estate and aircraft financing and closed concurrently with Anthropic's $65 billion Series H equity raise.
Summary of transaction details:
- Deal Type: Debt Financing
- Transaction Amount: $35,000,000,000
- Company: Anthropic
- Founders: Dario Amodei & Daniela Amodei
- Investors: Apollo & Blackstone
- Headquarters Location: San Francisco, California
- Valuation Post Equity Raise: $965 billion
As a leading AI company, Anthropic is positioned at the forefront of the growing institutional demand for AI infrastructure, recognized as a distinct asset class. The current leadership, led by founders Dario Amodei and Daniela Amodei, is focused on leveraging significant investments to advance AI technologies.
Players
Market CRE Market Snapshot
Boundary boundary · CRE · Sale transactions
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Deal FAQ
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93