Broadcom Will Lend Anthropic Up to $42 Billion for AI Chips | Oct 1 Tech Update

Broadcom has agreed to lend Anthropic up to $42 billion, enough to cover about a third of Anthropic's $125 billion five-year lease of Google TPU computing power, Reuters reports, citing Anthropic's IPO filing. U.S. District Judge Amit Mehta dismissed antitrust lawsuits from Chegg and Rolling Stone owner Penske Media alleging Google's AI Overviews use publishers' content and pull readers away.

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