The AI economy, Apple’s iPhone Duo issues, and Meta partners with Nvidia

0:00 spk_0

All right, welcome to Market Hang. I’m Nancy Tangler. Joining me today to my left is Adrian. We’ve got Maddie, so viewers who are have been rabid viewers know Maddie very well. Uh, on remote we’ve got Eric, and then Praz is with us here in the studio. So we’re gonna jump right in. There’s all sorts of interesting news on the heels of the anthropic IPO. So we’re gonna get started and I think we’re gonna start with our first story is gonna be on Broadcom.And uh the negotiation, the arm twisting, whatever it was to get uh the $40 billion and then additional monies which makes it about a $63 billion debt deal, um, and Broadcom is stepping in the gap and and securing uh 40+ million dollars of that so I’m interested, uh, it brings back up again the question of circular financing and so Praz, I’m gonna go to you first and just see what you think about the deal if you do you have.

1:00 spk_1

Yeah, I mean, Imean, I’m not necessarily surprised that Broadcom did this. Uh, it is interesting that Anthropic, I guess, was, from what I understand, the debt deal was not going through, at least what what the banks were asking for a lot more. So Broadcom CEOO wanted to get this deal done, wanted to get those, those chips to, to Anthropic eventually, so they backstopped some of it, you know, helped with that deal. Um, my understanding.Uh, is that the terms weren’t that great either in terms of there was additional interest expenses that need to be paid….