AIWall Street Journal1h ago
Broadcom has been working to arrange more than $50B in financing
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
TL;DRBroadcom, Oracle seeking $50B+ financing for AI chip deals.
Why it matters: Major funding signals massive infrastructure bet on AI; shapes semiconductor and cloud competition.
Apollo, Blackstone and Goldman Sachs among lenders in talks to finance megadeals worth tens of billions of dollars apiece
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