Broadcom seeks over $50 billion to fund custom chips for OpenAI

First reported by Bloomberg at · Updated · 2 sources

Apollo and Blackstone are among lenders in talks about the proposed financing, according to RuntimeWire, which cites Bloomberg's account of a Wall Street Journal report. The financing would be separate from OpenAI's equity fundraising and support the custom AI chip Broadcom is developing with OpenAI.

Covered by 2 publishers within an hour of the first report.

Reporting2

Bloomberg Broadcom Holds Early Talks About Financing for OpenAI Chips · Dina Bass and Preeti Singh
RuntimeWire Broadcom is arranging more than $50B to finance OpenAI's custom chips · RuntimeWire Staff

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Topics OpenAI