OPENAI, BROADCOM FORGE MULTIBILLION-DOLLAR CHIP-DEVELOPMENT DEAL

Summary from the TLDR newsletter

OpenAI and Broadcom will develop and deploy 10 gigawatts of custom AI chips and computing systems over the next four years. The new agreement, worth multiple billions of dollars, brings the total scale of computing capacity OpenAI has agreed to buy to 26 gigawatts. OpenAI plans to deploy custom GPUs starting in the second half of next year. It is aiming to build 250 gigawatts of new computing capacity by 2033.