Broadcom arranges over $50B financing for OpenAI custom AI chip; Oracle in talks for chip purchase financing
#broadcom#openai#oracle#ai-chip
According to sources cited by the Wall Street Journal, Broadcom has been working to arrange more than $50 billion in financing for OpenAI's custom AI chip. Oracle is in talks for financing related to a large chip purchase, with Apollo, Blackstone, and Goldman Sachs among lenders discussing megadeals worth tens of billions of dollars each.
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Wall Street Journal : 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 — Apollo, Blackstone and Goldman Sachs among lenders in talks to finance megadeals worth tens of billions of dollars apiece
