Broadcom seeks $100B to keep the AI chip boom alive

AI Summary Broadcom is negotiating to secure over $60 billion, possibly up to $100 billion, to support the production of AI chips for Anthropic and its other clients. This transaction highlights the reality of how the development of AI across the world is being financed by loans rather than company funds. Debt, not cash, is bankrolling the... fulltext: 333 chars | fulltext source: rss-fallback | summary method: extractive Original: https://www.cryptopolitan.com/broadcom-wants-100b-ai-boom-alive/ Source: CryptoPolitan