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Broadcom Reportedly Arranging $50bn+ for OpenAI’s Custom Chip, as Oracle Seeks Its Own Chip Financing
The Wall Street Journal reports Broadcom is arranging more than $50bn in financing for the custom AI chip it is building with OpenAI, while Oracle is in talks with Apollo and Goldman Sachs to fund a big chip purchase. What is reported, how these deals work, and what remains unconfirmed.
Oracle and OpenAI Drop a 600MW Abilene Expansion as Meta Eyes the Site
Oracle and OpenAI dropped a planned 600MW expansion at Stargate's Abilene campus in March. The main site and a 4.5GW deal continued, Oracle said.
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