OpenAI is unable to close nearly $18 billion in financing related to Broadcom’s ( AVGO ) chip-chip partnership, The Information reported Thursday. The shortfall is the latest sign that AIs are outpacing the funding available to support them.
The reported difference covers the initial phase of the multi-year high-speed rollout of 10 gigawatts of OpenAI-designed chips. Custom silicon software is the foundation of the company’s plan to reduce dependence on Nvidia (NVDA).
OpenAI Math Gets Harder
Broadcom’s original deal, which was unveiled in October 2025, drew construction equipment worth about $500 billion. This figure is based on chips, networks, power, and data center capacity. The output of 10 gigawatts is supposed to decrease OpenAI’s dependency on Nvidia hardware.
OpenAI is expected to cost around $115 billion by 2029, although the revenue is growing rapidly. Recent reports missed the goals of internal growth has already attracted new investor scrutiny.
Partners have stepped in with their own money to keep the deals going. Oracle ( ORCL ) raised $18 billion in public funds last September to support its nearly $300 billion commitment to OpenAI.
AI Capex Faces New Stress Test
Funding for Hyperscaler 2026 is now available about $600 to $720 billion. About three-thirds of the threat was placed on the basis of AI. Lenders are very careful that returns do not arrive on time.
Nvidia itself has said so showed a significant increase in the number of non-paid customers. Receivables are now close to $33 billion as consumers take longer to settle invoices. Investor Michael Burry has called the findings suspicious stories.
“The fake Disney-OpenAI agreement shows the bubble of AI as a whole, where we are repeatedly told about the existence of billions as if it is solid and guaranteed, like OpenAI’s Broadcom, AMD and $100bn NVIDIA do,” one user said. comments.
OpenAI’s options are limited. The company can restructure the tranche, change the borrowers, or reduce the chip output. Either way will shape how 2026 AI capex is reached.
The price of Worldcoin (WLD) has decreased slightly, falling to $0.2526 in this case.
A note OpenAI’s $18 Billion Chip Financing Trouble Rattles AI Boom Narrative appeared for the first time BeInCrypto.
