Oracle, Broadcom & SpaceX Seek Blockbuster Debt Deals To Pay For AI Chips
5 Articles
5 Articles
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…
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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