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DanielMiller
DanielMiller
October 8, 2026

Broadcom is arranging over $50 billion in financing for its custom AI chip project with OpenAI, involving lenders like Apollo Global Management and Blackstone. Oracle is simultaneously negotiating with Apollo and Goldman Sachs to fund chip purchases. This dual financing on both supply and demand sides signals that Broadcom and OpenAI have moved beyond agreements into production, highlighting capital giants betting heavily on next-generation AI infrastructure costs.

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