Broadcom CEO Hock Tan personally stepped in to finalize a $63 billion debt deal for Anthropic, according to people familiar with the matter.
The agreement, announced Monday, ranks as the largest financing ever raised for AI infrastructure.
Tan’s direct involvement helped push negotiations past sticking points that had stalled the deal.
The financing gives Anthropic access to substantial capital as it works to expand its computing capacity.
Demand for AI infrastructure has surged, driving companies to pursue record-breaking funding arrangements.
Details on the deal’s structure and lender terms have not been fully disclosed.
The size of the transaction signals growing investor confidence in AI firms and their long-term spending plans.
