OpenAI extends chip spending spree with multibillion-dollar Broadcom deal
Deal could cost up to $500bn on top of start-up’s $1tn pledge for semiconductors and data centres
Deal could cost up to $500bn on top of start-up’s $1tn pledge for semiconductors and data centres

AI start-up secures more computing capacity as annualised revenues hit $30bn

New revenue lines, debt partnerships and further fundraising targeted to cover enormous costs

Lossmaking start-up commits to spending close to $1.5tn as it gobbles up processing power

ChatGPT maker’s deal with US chip group signals industry shift towards custom alternatives to Nvidia

Sam Altman tapped a handful of in-house dealmakers over external advisers and lawyers to design a huge web of infrastructure…

SoftBank-backed UK group says its first in-house semiconductor has drawn strong demand