SpaceX, Broadcom and Oracle All Want Billions in AI Chip Debt at the Same Time
SpaceX, Broadcom and Oracle are seeking tens of billions in financing to buy AI chips and gear without diluting shareholders, Reuters reported.
7 Articles
7 Articles
SpaceX, Broadcom and Oracle All Want Billions in AI Chip Debt at the Same Time
Three AI giants are racing to lock in tens of billions in long-term debt to buy chips that will be obsolete before the loans mature, and only one of them will have to answer for it if the bet goes wrong.
Morning Bid: Sovereign bonds shouldered aside as AI takes their turf
Oct 8 (Reuters) – A look at the day ahead in European and global markets from Wayne Cole Sovereign borrowers are no longer the big boys on the block as AI giants increasingly invade their turf. The Wall Street Journal reports Broadcom is lining up $50 billion of financing to buy gear from OpenAI, with Oracle also seeking an unspecified sum. Sources say SpaceX alone is looking to issue $30 billion in investment-grade debt, along with a cool $10…
As artificial intelligence (AI) infrastructure continues to expand, the demand for funding from related companies is also rapidly increasing. The Wall Street Journal reported on the 7th, citing sources familiar with the matter, that Broadcom, Oracle, and SpaceX are all in talks for tens of billions of dollars in funding, primarily for purchasing AI chips and building computing infrastructure.
It was only yesterday that it was announced that SpaceX wanted to obtain $40 billion on credit to buy AI chips from Nvidia. This is not a circular business. But Broadcom is making strong progress at the moment. Just last week, it was announced that the chip manufacturer wanted to acquire $60 billion in order to obtain Anthropic products from Broadcom. Today, [...] The post Broadcom and OpenAI before new credit business for AI chips appeared firs…
(Teleborsa) - The great protagonists of artificial intelligence are preparing a series of massive financing operations to buy computing hardware, in the context of a capital race that...
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