In the summer of 2026, Broadcom moved to secure up to $100 billion in financing to underwrite artificial intelligence infrastructure for Anthropic and other emerging AI ventures — a figure that speaks less to any single company's ambition than to the staggering material cost of building the computational foundations of a new technological era. The deal, structured around layers of senior and junior debt with Blackstone and Apollo among the prospective participants, follows a $35 billion arrangement from just months prior, tracing an arc of capital escalation that reveals how quickly the world'