"Under the deal, OpenAI will design the chips to its own specifications and Broadcom will manage the development and fabrication of the chips, as well as help with their deployment. The companies plan to deploy enough chips to require 10 gigawatts of electrical power beginning in mid-2026, and running through 2029. Broadcom stock jumped almost 10% on the announcement Monday."
"The Broadcom partnership is part of a many-pronged effort by OpenAI to dramatically scale up the computing power it uses to train and operate AI models. Within its "Stargate" initiative to add data centers, the company has attracted large investments from Softbank, Oracle, Nvidia, AMD, and MGX. Coreweave, Microsoft, and ARM will play supporting roles. OpenAI also signed a $300 billion deal with Oracle to buy computing power within existing Oracle data centers."
OpenAI will design custom chips while Broadcom will handle development, fabrication, and deployment under a multibillion-dollar partnership. The companies plan to deploy hardware requiring 10 gigawatts of electrical power beginning in mid-2026 and running through 2029. Broadcom stock rose nearly 10% on the announcement. The deal follows a recent OpenAI partnership with AMD and reduces reliance on Nvidia. The partnership is part of OpenAI's Stargate initiative to scale computing power, attracting investments from Softbank, Oracle, Nvidia, AMD, and MGX, with Coreweave, Microsoft, and ARM in supporting roles. OpenAI also signed a $300 billion Oracle deal to purchase data-center computing capacity, and massive infrastructure investments are buoying the U.S. stock market amid high expectations for generative AI's economic impact.
Read at Fast Company
Unable to calculate read time
Collection
[
|
...
]