Broadcom is trying to arrange more than $50 billion in financing for the chips needed by OpenAI.

October 8: Oracle, Broadcom, and SpaceX are seeking to reach debt agreements for AI chips. Broadcom is trying to arrange over $50 billion in funding for the chips needed by OpenAI. Oracle is in talks with Apollo and Goldman Sachs regarding chip financing, and Oracle is aiming to finalize a chip agreement by 2026.

Recently, the Financial Times stated that SpaceX is seeking $40 billion in financing to purchase Nvidia chips. SpaceX plans to raise about $10 billion in bank loans, plus $30 billion in investment-grade bonds.