Broadcom unveils custom chip for OpenAI, challenging Nvidia’s dominance

The maker of ChatGPT plans to use enough chips to consume 10 gigawatts of electricity, an amount that could power millions of households.

Sam Altman has unveiled OpenAI’s first custom-built AI chip, Jalapeño, as the company moves to reduce its reliance on third-party hardware and strengthen control over the infrastructure powering its artificial intelligence products. According to OpenAI, the company has developed its…

The expansion of AI in education highlights growing reliance on tech, raising concerns about data privacy, cost, and decision-making transparency. The post University of South Carolina extends $3M deal with OpenAI for ChatGPT access appeared first on Crypto Briefing.

Alex Bores (D-NY) enters his watch party at The Freehand Hotel after conceding the congressional race to Micah Lasher who will replace Rep Jerry Nadler (D-NY) in NY's 12th Congressional District on June 23, 2026 in New York City. | Photo by Laura Brett/Getty Images. The expensive, $27 million political proxy war between Anthropic and OpenAI came to a draw last night when Alex Bores, a New York state Assemblyman whose popularity surged after being targeted by a pro-AI super PAC, narrowly lost the Democratic primary to represent New York's 12th Congressional district. Prior to the race, Bores, a former tech industry employee, had coauthored and successfully passed the high-profile RAISE Act, which had implemented guardrails and safety requirements on frontier AI companies; a version of his bill was signed into state law last year. But the legislation drew the ire of Leading the Future, a $100 million su … Read the full story at The Verge.

Broadcom's ambitious AI revenue goals could reshape tech supply chains, influence crypto market dynamics, and challenge semiconductor competitors. The post Broadcom targets over $100B in AI semiconductor revenue by 2028 appeared first on Crypto Briefing.

Built with Broadcom, the LLM-focused accelerator is the first step in OpenAI's effort to design the hardware behind ChatGPT and beyond.

Nvidia's current valuation could offer strategic investment opportunities, especially if AI-driven semiconductor growth meets future projections. The post Nvidia trades cheaper than semiconductor sector, says Tony Zhang appeared first on Crypto Briefing.

AI inference company Groq has closed a $650 million funding round as it pivots its business following a landmark IP licensing agreement with Nvidia. The round was led by Disruptive, a Dallas-based late-stage investment firm whose founder Alex Davis also serves as Groq’s chairman, alongside Fort Lauderdale hedge fund Infinitum. The raise comes roughly six […]