OpenAI and Broadcom today announced a collaboration for 10 gigawatts of custom AI accelerators.
The new agreement will be worth “multiple billions of dollars,” the Wall Street Journal said, quoting people familiar with the matter. The companies didn’t 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
Broadcom shares rose 9% to $354.12 each for a market cap of $1.7 trillion. Broadcom was founded in Irvine and maintains a large local presence here.
