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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 (Wall Street Journal)

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 (Wall Street Journal)

Photo: Techmeme

Wall Street Journal: 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.

Also reported by Communications Today.

First reported by Techmeme. This page is a short excerpt; the full text is theirs.

Read the full story at Techmeme

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