SCOOP: Broadcom CEO Hock Tan was getting impatient.
He needed lenders to commit $40 billon in the largest AI debt deal | Hanami
SCOOP: Broadcom CEO Hock Tan was getting impatient.
He needed lenders to commit $40 billon in the largest AI debt deal ever—so Anthropic could afford TPUs—but some were getting cold feet.
In the end, Broadcom’s CEO held 11th-hour talks with bank executives over the weekend to get them to finalize their commitments. Broadcom also agreed to higher interest rates on the loans, sweetening the deal.
With @ajsaeedy @ mattwirz for @WSJ
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