Broadcom is arranging more than $50 billion in financing for a custom artificial intelligence chip it is developing with OpenAI, Bloomberg reported on 7 October.
Apollo Global Management and Blackstone are among the lenders in talks to participate, according to Bloomberg. The proposed financing is part of a surge in deals to pay for AI infrastructure.
Broadcom is also involved in separate chip financing linked to Anthropic. AI Affairs reported that Blackstone and banks were gathering $60 billion for Broadcom AI chips for Anthropic. AI Affairs also reported that Broadcom agreed to lend Anthropic up to $42 billion for chip infrastructure.
