Broadcom CEO Hock Tan personally intervenes to save $63 billion in Anthropic chip transactions
2026-10-28 01:33:05
According to CoinMeta, Broadcom CEO Hock Tan personally intervened to save a Anthropic chip transaction worth $63 billion. Some banks had considered withdrawing from the transaction as they felt that the rewards were not sufficient to cover the risks. Tan conducted last-minute negotiations with bank executives over the weekend, and Broadcom agreed to raise interest rates and provide additional guarantees for the banks in case Anthropic was unable to make payments.
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