The Money TrailJune 10, 2026via Financial Times Technology
Apollo and Blackstone’s Large Lending Model
Why it matters
Major institutional capital is flowing into frontier AI infrastructure and compute—signaling that private equity sees AI scaling as a core asset class. This $35B lending facility shifts how AI labs finance their growth beyond traditional VC.
Key signals
- $35B debt facility from Apollo and Blackstone
- Financing Anthropic's growth and compute expansion
- Private capital (non-VC) entering AI infrastructure financing
- June 2026 closing date
- Complex structured lending deal
The hook
$35B. That's what Apollo and Blackstone just committed to fuel Anthropic's AI ambitions.
The private capital groups have finalised a complex $35bn deal that will help finance Anthropic’s growth plans