Anthropic's biggest suppliers have lined up $77 billion in convertible notes for it

Broadcom, Google and Amazon also sell Anthropic the chips and computing power it runs on. An IPO analyst told RuntimeWire that makes negotiations trickier.

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Why it matters

Anthropic's biggest suppliers could also become major lenders and shareholders. Investors weighing the IPO will need to judge how much leverage Broadcom, Google and Amazon gain over Anthropic's costs and terms.

Two workers in safety vests pass a closed laptop at a construction site with large transformers, cranes, and an orange banner bearing a white starburst.

Three of Anthropic's biggest suppliers have agreed to lend it up to $77 billion more through convertible notes, according to the company's S-1. Broadcom has committed up to $42 billion, Google up to $20 billion and Amazon up to $15 billion. None of it had been drawn as of June 30th, 2026.…

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