Nvidia and Genentech make the case for AI-driven drug discovery at BIO2026

OpenAI’s financial trajectory hinges heavily on infrastructure costs, a reality that drove the development of the new custom OpenAI Jalapeño chip. Developed in collaboration with Broadcom, the application-specific integrated circuit (ASIC) represents a direct attempt to mitigate the heavy capital expenditure associated with third-party hardware.  While Nvidia currently commands an estimated 75% profit margin on […] The post The math behind the OpenAI Jalapeño chip appeared first on AI News.

Nvidia's advancements could revolutionize AI efficiency, but geopolitical and supply chain risks may challenge its ability to meet soaring demand. The post Nvidia’s market cap hits $5T as it rolls out new Vera Rubin chip architecture appeared first on Crypto Briefing.

Mirendil's potential funding highlights the growing investor interest in AI-driven scientific research, signaling a shift in innovation focus. The post Mirendil secures $200M seed round led by a16z and Nvidia appeared first on Crypto Briefing.

The surge in bond sales highlights a shift towards debt financing in tech, driven by AI investments and favorable borrowing conditions. The post Nvidia, SpaceX drive US investment-grade bond sales to June record appeared first on Crypto Briefing.

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…

Broadcom's custom chip for OpenAI could diversify the AI hardware market, challenging Nvidia's dominance and potentially lowering costs. The post Broadcom unveils custom chip for OpenAI, challenging Nvidia’s dominance appeared first on Crypto Briefing.

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 […]