ORACLE, BROADCOM, AND SPACEX SEEK BLOCKBUSTER DEBT DEALS TO PAY FOR AI CHIPS

Summary from the TLDR AI newsletter

Broadcom has been working to arrange more than $50 billion in financing for OpenAI's custom AI chip. Apollo and Blackstone are among the lenders Broadcom has talked to about participating in the deal. Oracle is separately in talks with Apollo and Goldman Sachs to arrange money for a big purchase of chips. SpaceX has talked to lenders in recent days about a $40 billion chip financing for Nvidia chips.