AI Fund Flows

Blackstone → Anthropic: $9B funds & debt

Project North Star: Blackstone lends $9 billion. In the roughly $60 billion package to finance 1.5 GW of Google TPUs for Anthropic, Blackstone funds take $9 billion of the junior tranche with a 10% coupon.

This deal is 35% of everything Blackstone pays and 3% of everything Anthropic receives in this database.

Date
Oct 26, 2026
Paid by
Blackstone
Received by
Anthropic
Type
Funds & debt
Amount
$9B
Status
reported
Note
$9 billion of the junior tranche at 10%

Sources

Press coverage

All deals between Blackstone and Anthropic

More Blackstone / Anthropic deals

See on the map