Inside OpenAI’s $18B Chip Financing Snag

By The Information

Categories: Startup, VC, AI

Transcript Excerpt

Tell us a little bit about what you found with respect to how financing is going for this Open AI Broadcom chip. Open AI and Broadcom are in the middle of pretty tense negotiations right now as Open AI hopes to send its first custom chip to production at TSMC. They're at a little bit of a roadblock right now because they're trying to agree on vendor financing terms for this initial $18 billion deal and that hasn't been figured out yet. So, even though these two companies announced their partners...