AI boom reportedly drives tech giants toward new debt financing for chips
Major technology companies are increasingly turning to private credit and other forms of debt to fund the enormous cost of AI infrastructure, as demand for computing capacity pushes traditional financing channels to their limits. According to <em>The Wall Street Journal</em>, Broadcom is working to arrange more than US$50 billion in financing for custom AI chips it is developing with OpenAI, while Oracle is discussing financing with Apollo and Goldman Sachs for a major chip purchase. SpaceX has also held talks with lenders over a potential US$40 billion financing package for Nvidia chips.
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