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.
Broadcom CEO Hock Tan criticizes speculative AI investing, comparing uninformed investors to casino gamblers and questioning the long-term economics of AI labs
Gao Yuan /Bloomberg:
Broadcom CEO Hock Tan criticizes speculative AI investing, comparing uninformed investors to casino gamblers and questioning the long-term economics of AI labs
The AI boom has attracted investors whose strategies resemble those of gamblers, Broadcom Inc. Chief Executive Officer Hock Tan said …
In disclosures due to Broadcom CEO Hock Tan's presence on the Meta board, Meta says it paid Broadcom $2.3B in 2025; Tan is leaving the board
Meta Platforms paid Broadcom $2.3 billion in 2025, Meta disclosed in a securities filing, a rare disclosure of how much tech firms pay Broadcom for help designing their AI chips.
Meta and Broadcom announce an expanded partnership to co-develop multiple generations of Meta's MTIA chips; Broadcom CEO Hock Tan plans to leave Meta's board
Meta and Broadcom on Tuesday announced a sweeping deal that extends an existing partnership between the two companies for the design …
Meta and Broadcom announce an expanded partnership to co-develop multiple generations of Meta's MTIA chips; Broadcom CEO Hock Tan plans to leave Meta's board
Meta and Broadcom on Tuesday announced a sweeping deal that extends an existing partnership between the two companies for the design …