Broadcom CEO Secures $63 Billion Financing for Anthropic AI Infrastructure Buildout

Broadcom Chief Executive Hock Tan intervened over the weekend to finalize a landmark $63 billion financing package from Wall Street banks and Blackstone to support Anthropic's accelerated artificial intelligence infrastructure expansion. Tan held 11th-hour talks with bank executives after nearly two months of negotiations to secure the commitment, ultimately sweetening the deal with higher interest rates and additional financial guarantees to overcome lender hesitation in a challenging funding environment.