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VisitWill OpenAI announce the development of a custom AI chip with Broadcom by March 2025?
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Public announcements from OpenAI or Broadcom, credible news sources
OpenAI in Talks with Broadcom ($AVGO) to Develop New AI Chip, Shares Up 1%
Jul 18, 2024, 07:27 PM
OpenAI is reportedly in talks with Broadcom ($AVGO) to develop a new AI chip, according to The Information. This move is part of OpenAI's strategy to enhance its AI capabilities with custom chips. Initially, CEO Sam Altman had planned to start a separate company for this purpose, but the efforts are now being integrated within OpenAI. This development could pose a potential threat to Nvidia, as OpenAI has also hired former members of a Google AI chip unit. Following the report, Broadcom shares saw a 1% increase in trading volume.
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