Fintech

OpenAI reportedly planning to build its first AI chip in 2026 – Fintech News Europe

OpenAI Partners with TSMC and Broadcom for In-House AI Chip Design, Begins Using AMD Chips for Model Training In a strategic move to advance its artificial intelligence capabilities, OpenAI has partnered with Taiwan Semiconductor Manufacturing Company (TSMC) and Broadcom to develop an in-house AI chip, according to sources reported by Reuters. While initially considering the establishment of dedicated chip manufacturing facilities, OpenAI […]

Startup Funding

OpenAI closes $6.6 billion Funding haul with Investment from Microsoft and Nvidia – Fintech News Europe

OpenAI Secures $6.6 Billion in Funding, Valuing the Company at $157 Billion Amid Leadership Changes October 3, 2024 – OpenAI, the creator of the popular AI tool ChatGPT, has raised $6.6 billion in a recent funding round, which could value the company at a staggering $157 billion. This latest capital injection cements its position as […]

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