BofA co-funds $63B AI compute deal with Broadcom and Anthropic partners
Bank of America leads a $63 billion financing structure to enable AI compute capacity for Anthropic using Broadcom technology through a special purpose vehicle.
See the latest news and media coverage for BofA. We track all announcements, press releases, and industry mentions in real time, all in one place.
Multinational bank and financial services company
bankofamerica.comLast updated
In short: BofA missed third-quarter profit estimates and led a $63 billion AI-compute financing deal.
Bank of America leads a $63 billion financing structure to enable AI compute capacity for Anthropic using Broadcom technology through a special purpose vehicle.
CEO Brian Moynihan and CFO Alastair Borthwick discuss the quarterly earnings during an investor conference call on October 14.
The Board declared a quarterly dividend of $0.32 per share, payable September 25, 2026.
The release includes earnings, supplemental filing, and investor presentation with a conference call.
Weeks after three financial regulators fined Bank of America $1.21 billion, Sen. Elizabeth Warren wants to know if criminal charges are coming.
Bank of America, Blackstone, Citi and Morgan Stanley have announced a $63 billion transaction to enable the deployment of AI compute capacity, leveraging Broadcom's technology...
Milosevic & Associates PC, a Toronto-based law firm that focuses on civil fraud litigation is investigating Canadian-focused investor claims against Bank of America Corporation (TSX...
Bank of America shares have fallen nearly 21% from their record high amid tighter monetary policy concerns and weak quarterly results. Earnings dropped 17% to...
Track BofA and your other target companies to get real-time alerts and weekly summaries delivered straight to your inbox.
Browse news for competitors to BofA and other trending companies.