OpenAI is finalizing its first in-house chip’s design in the next few months in an effort to reduce its reliance on Nvidia (NVDA), and plans to send it for fabrication at TSMC (TSM) with the goal of mass production at TSMC in 2026, Reuters’ Anna Tong, Max A. Cherney, and Krystal Hu report. The chip is being designed by OpenAI’s in-house team led by Richard Ho in collaboration with Broadcom (AVGO), the report notes. TheFly notes that a consortium of investors led by Tesla (TSLA) CEO Elon Musk is offering $97.4B to buy the nonprofit that controls OpenAI, the company behind ChatGPT, The Wall Street Journal reported.
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