OpenAI and Broadcom partner on AI hardware

Core Insights - OpenAI has partnered with Broadcom to develop custom AI accelerator hardware, amounting to 10 gigawatts, to be deployed in data centers from 2026 to 2029 [1][2] - The estimated cost of this partnership could range from $350 billion to $500 billion, although specific terms were not disclosed [2] - This partnership follows OpenAI's recent acquisition of six gigawatts of chips from AMD, valued at tens of billions, and a significant investment from Nvidia of $100 billion for 10 gigawatts of hardware [2][3] Company Developments - OpenAI's strategy includes designing its own chips and systems to integrate insights from developing advanced AI models directly into hardware [2] - The company has also reportedly signed a $300 billion cloud infrastructure deal with Oracle, although this has not been confirmed by either party [3]