{
  "id": 12717734,
  "title": "Broadcom, Oracle, and SpaceX pursue blockbuster debt deals amid AI buildout - WSJ",
  "url": "https://urgent.news/2026/10/07/broadcom-oracle-and-spacex-pursue-blockbuster-debt-deals-amid-ai",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-07T21:28:28.000Z",
  "source": {
    "name": "Investing.com",
    "slug": "investing-com",
    "url": "https://www.investing.com/news/stock-market-news/broadcom-oracle-and-spacex-pursue-blockbuster-debt-deals-amid-ai-buildout--wsj-4937581"
  },
  "original_language": "en",
  "account": "Major artificial intelligence companies, such as Broadcom, Oracle, and SpaceX, are engaged in negotiations for substantial private debt deals totaling tens of billions of dollars each, according to The Wall Street Journal. This surge in capital access indicates that traditional public bond markets and corporate cash reserves are nearing their limits due to the extensive data-center expansion worldwide. Broadcom is attempting to secure a deal surpassing $50 billion to fund the production of custom AI chips for OpenAI, working in early discussions with private investment firms Apollo Global Management and Blackstone. Broadcom's custom chip initiative, referred to internally as Nexus, targets the deployment of several gigawatts of capacity by 2029 as tech firms search for alternatives to Nvidia's usual hardware. At the same time, Oracle is in talks with Apollo and Goldman Sachs to establish a financing framework to acquire hardware for a 1-gigawatt data center facility. Under this agreement, private investors would fund an off-balance-sheet entity to purchase the chips and subsequently lease them back to Oracle, enabling the cloud provider to expand capacity without overburdening its financial statements compared to larger hyperscale competitors. This trend of seeking alternative capital transcends conventional cloud service providers. SpaceX is actively engaging lenders to finalize a $40 billion debt arrangement to acquire Nvidia processors. Additionally, AI developers like OpenAI and Anthropic are increasingly seeking direct infrastructure ownership to minimize long-term cloud rental expenses. With significant deadlines expected by year-end, Wall Street's private credit sector is rapidly becoming the main financial support for the AI build-out. As public debt markets reach their capacity, private credit funds and investment banks are prepared to accommodate the capital needs fueling the subsequent stage of technological growth.",
  "summary": null,
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Techmeme",
        "title": "Sources: Broadcom has been working to arrange more than $50B in financing for OpenAI's custom AI chip; Oracle is in talks on financing for a big chip purchase (Wall Street Journal)",
        "url": "https://urgent.news/2026/10/07/sources-broadcom-has-been-working-to-arrange-more-than-50b-in",
        "published": "2026-10-07T21:45:32.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}