The Zhitong Finance App learned that foreign media reported that Broadcom (AVGO, US) is arranging more than 50 billion US dollars in financing for a customized artificial intelligence chip jointly developed with OpenAI, which is the latest example of a wave of AI infrastructure financing transactions.
The report quoted people familiar with the matter as saying that loan institutions such as Apollo Global Management and Kuroishi Group are in talks to participate in the deal. Meanwhile, Oracle is in talks with Apollo and Goldman Sachs Group to raise funds for chip purchases.
Faced with soaring data center construction costs, these companies are seeking such financing deals. The AI infrastructure boom, which aims to support large-scale popularization of software and services, is prompting tech giants to switch to new financing methods.
Broadcom said in June that it has set up a financing platform with Apollo and Blackstone as an anchor investor and plans to help provide more than 20 gigawatts of computing power to AI developers by 2028. Beneficiaries include Anthropic and OpenAI. The first phase of the platform was $35 billion, led by Apollo and partnered with Blackstone.
In August, it was reported that Broadcom had discussions with a number of lenders to raise more than 60 billion US dollars in debt for an AI chip financing transaction. Anthropic and other companies would benefit from it.
From a broader perspective, the scale of AI infrastructure financing has entered the trillion-dollar era. According to a report released by Bank of America Securities in September, since the launch of ChatGPT in November 2022, the cumulative debt issuance scale for AI-related companies, securitization products, and project financing has reached US$1.374 trillion, of which the amount issued since 2026 has reached US$635.1 billion.