The Turichron

Evening brief, Oct 7

Broadcom seeks more than $50 billion to finance OpenAI's custom chips

The Wall Street Journal reports that Broadcom has held early talks with Apollo and Blackstone about financing chips it is developing with OpenAI; the proposed size could change.

ThereforeIf arranged, the funding would help OpenAI buy custom-chip capacity instead of relying solely on rented cloud hardware.

The Wall Street Journal

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