Broadcom, Oracle, SpaceX seek tens of billions to fund AI compute purchases
The Wall Street Journal reports Broadcom is seeking over $50bn to develop custom AI chips with OpenAI, Oracle is in talks with Apollo and Goldman Sachs, and SpaceX is arranging a $40bn chip financing deal for Nvidia hardware. Broadcom's deal could close before year-end.
- Broadcom seeks over $50bn for custom AI chips built with OpenAI
- SpaceX plans $10bn in bank loans and $30bn in investment-grade debt
- Oracle in talks with Apollo and Goldman Sachs on financing
- Broadcom deal could cover several gigawatts of OpenAI chip capacity
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