AIWall Street Journal1h ago

Broadcom CEO Hock Tan held 11th-hour talks and agreed

Sources: Broadcom CEO Hock Tan held 11th-hour talks and agreed to higher rates and loan guarantees to secure bank participation in the $63B Anthropic debt deal

The deal, announced on Monday, is the biggest ever to raise money for AI infrastructure — Hock Tan was running out of patience.

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Source: Wall Street Journal · Opens in new tab