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Anthropic offers Blackstone double - digit yield on chip financing

World 2 sources 2 countries 🔦 Under-reported 25m ago

Artificial intelligence firm Anthropic has proposed a double-digit yield to investment giant Blackstone as part of a financing arrangement for specialized computer chips.

The deal centers on securing capital for high-performance hardware necessary to power advanced AI models, offering institutional investors a high-return debt or investment vehicle.

In-depth summary · AI, neutral
Read the full story at the source jamaicantimes.com · JAMAICA ↗
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Covered by 2 sources