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Financial Times and multiple outlets (Mint, CryptoBriefing) confirm Anthropic's Project North Star $60B chip financing proposal offering Blackstone yields above 10% for 1.5 GW Google TPUs.

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via DigiTimes Asia

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Home/Tech/DigiTimes: Blackstone receives Anthropic proposal for over 10 percent yield on 60 billion dollar chip funding
VERIFIEDBy Xavier Rivera·Monday, October 19, 2026 at 5:20 AM EDT·1 min read

DigiTimes: Blackstone receives Anthropic proposal for over 10 percent yield on 60 billion dollar chip funding

DigiTimes: Anthropic has proposed to Blackstone a financing structure promising returns above 10 percent to back a 60 billion dollar package for Google tensor processing units totaling around 1.5 gigawatts, internally labeled Project North Star, amid higher infrastructure costs.

Source:DigiTimes Asia
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DigiTimes: Blackstone receives Anthropic proposal for over 10 percent yield on 60 billion dollar chip funding
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Anthropic has proposed a financing structure to Blackstone that would deliver returns above 10 percent in exchange for supporting a 60 billion dollar package to acquire artificial intelligence chips.

Anthropic targets Google TPUs for the financing package. The capital would cover acquisition of tensor processing units supplied by Google that together deliver roughly 1.5 gigawatts of capacity. Rising costs for infrastructure financing have increased the expense of scaling computing resources.
Anthropic has proposed a financing structure to Blackstone that would deliver returns above 10 percent in exchange for supporting a 60 billion dollar package to acquire artificial intelligence chips.

Project North Star carries the financing proposal. The arrangement is identified internally as Project North Star. Blackstone would supply the required capital according to the proposed terms.
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Financing costs drive the structure of the package. The offer is built around a yield higher than 10 percent to obtain the capital. The package responds to elevated expenses associated with expanding AI infrastructure under prevailing market conditions.

The account was filed by Ollie Chang in Taipei for DigiTimes Asia on 19 October 2026.
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