AI Bubble: How Google Outsources Financing Risks

Google has built a $200 billion financing structure with Broadcom, Apollo, and Blackstone to sell its Tensor Processing Units (TPUs), largely to Anthropic, while keeping the debt off its own balance sheet. The complex arrangement involves selling chips to Broadcom, which sells them to a special purpose vehicle that leases them to Anthropic, with Broadcom guaranteeing part of the payments.

Google/DeepMind Anthropic Broadcom OpenAI

SpaceX to More Than Quintuple Its AI Compute Capacity with Nvidia by End of 2027

SpaceX plans to more than quintuple its AI compute capacity by the end of 2027, ending the year with over two gigawatts, according to Elon Musk. The company will rely exclusively on Nvidia chips, specifically the upcoming Vera Rubin platform.

NVIDIA xAI Anthropic OpenAI Google/DeepMind Amazon Web Services