Broadcom CEO says biggest hurdle in AI-fuelled tech growth is capital, not memory chips

SINGAPORE, Oct 12 (Reuters) Broadcom CEO Hock Tan ​said on Monday ‌that capital will be the biggest constraint facing the ‌company ​as ⁠AI development continues. • ⁠At a panel in Singapore on Monday, Tan ​said that the company is ⁠overcoming ⁠wafer shortages and ​memory shortages, but ​capital will be the ‌biggest constraint • He added that frontier labs ⁠Anthropic and OpenAI have shown that they can ⁠generate ‌significant revenue ⁠from the latest ​models ‌that have ​been deployed ⁠for AI personal assistants (Reporting by Jun Yuan Yong; Editing by David ​Stanway)