Broadcom has raised over US$50 billion for the OpenAI custom chip project, Apollo Blackstone has entered the game, and Oracle is also looking for money to buy chips. Broadcom is paving an astonishing funding channel for its jointly customized AI chip project with OpenAI

Broadcom has raised over US$50 billion for the OpenAI custom chip project, Apollo Blackstone has entered the game, and Oracle is also looking for money to buy chips. Broadcom is paving an astonishing funding channel for the AI ​​chip project it jointly customized with OpenAI. According to foreign media reports, the chip design giant is beginning to arrange more than $50 billion in financing for its custom artificial intelligence chip project developed in partnership with OpenAI, and Apollo Global Management and Blackstone Group are among the lenders negotiating to participate in this huge loan. The other end of the financing chain is equally lively. According to reports, Oracle is also in discussions with Apollo and Goldman Sachs to raise funds for the purchase of chips. On one side, Broadcom is looking for money to make chips, and on the other side, Oracle is looking for money to buy chips. The same group of financial institutions are betting on both the supply and demand sides of AI computing power. When customized AI chips have gone from a collaboration intention in the laboratory to a physical project that requires tens of billions of dollars in debt to support, the binding between Broadcom and OpenAI has obviously gone beyond paper and directly plugged into production capacity. Capital giants such as Apollo, Blackstone, and Goldman Sachs appear at both ends of the manufacturing and buying spectrum, making one thing very clear: in the next-generation AI arms race, the most expensive thing is not only the brain, but also the pieces of silicon that feed the brain. via AI News (author: AI Base)