OpenAI and Broadcom today announced a collaboration for 10 gigawatts of custom AI accelerators.
The arrangement is worth billions of dollars, the Wall Street Journal reported, quoting people familia with the matter. The companies did not disclose financial terms.
OpenAI said it will design the accelerators and systems, which will be developed and deployed in partnership with Broadcom.
“Partnering with Broadcom is a critical step in building the infrastructure needed to unlock AI’s potential and deliver real benefits for people and businesses,” said Sam Altman, co-founder and CEO of OpenAI.
Shares in Broadcom rose 9.5% to $355 apiece for a market cap of $1.7 trillion. Broadom was founded in Irvine and maintains a large presence here.
