MoneyThe story, in brief
Apollo and Blackstone’s Large Lending Model
$35B. That's what Apollo and Blackstone just committed to fuel Anthropic's AI ambitions.
The KeyNews take
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.
The key facts
5 to know$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
Go to the source
Financial Times Technologyft.com
Publisher excerpt: The private capital groups have finalised a complex $35bn deal that will help finance Anthropic’s growth plans