Broadcom announced that AI lab Anthropic is its mystery $10 billion customer, ordering custom chips to boost its AI capabilities. Anthropic has also placed an additional $11 billion order, highlighting the growing demand for AI infrastructure. The partnership aligns with Anthropic's multi-cloud strategy, using Google's TPUs among other chips.

Broadcom's recent agreement to develop chips and computing systems with OpenAI has initially boosted its stock, but the long-term viability of the partnership raises concerns. OpenAI's ambitious plans and projected revenue fall short of covering the enormous costs of its projects, leading to questions about how the company will finance its expansion.