Sources: Broadcom has been working to arrange more than $50B in financing for OpenAI's custom AI chip; Oracle is in talks on financing for a big chip purchase (Wall Street Journal)
OpenAI’s custom-chip push may now depend on debt packages as large as the chip orders themselves.
Broadcom has been working on more than $50 billion in financing tied to OpenAI’s custom AI chip, according to the Journal item summarized by Techmeme. Oracle is also in talks over financing for a major chip purchase. Apollo, Blackstone, and Goldman Sachs are among the lenders in discussions for deals worth tens of billions of dollars apiece. Techmeme's note
Broadcom has been working on more than $50 billion in financing tied to OpenAI’s custom AI chip, according to the Journal item summarized by Techmeme. Oracle is also in talks over financing for a major chip purchase. Apollo, Blackstone, and Goldman Sachs are among the lenders in discussions for deals worth tens of billions of dollars apiece. Techmeme's note
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