The Journal. · Friday, October 30, 2026
Broadcom CEO Hawk Tan personally intervened over the weekend to finalize the massive $63 billion financing package for Anthropic. According to reporting by Alexander Saidi, Tan offered banks higher interest rates and stronger guarantees to prevent them from getting cold feet.
“According to Alex's reporting, Broadcom CEO Hawk Tan personally stepped in to make sure the banks didn't get cold feet.”
“The big thing I would say that happened over the weekend was, one, he agreed to pay to have essentially a bigger interest rate in this transaction, which means that Anthropic is going to have to pay more.”