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AI · wsj.com · Friday, 9 October 2026

Broadcom seeks over $50 billion to finance OpenAI’s custom AI chip

Broadcom is working to arrange more than $50 billion in financing for OpenAI’s custom AI chip, showing how quickly AI hardware build-outs are turning into major debt deals. Apollo and Blackstone are among the lenders Broadcom has discussed bringing into the deal. The financing push is part of a wider rush for capital as data-center construction races forward.

Read the source: wsj.com ↗In the 9 October issue →