OpenAI unveiled Jalapeño, its first custom chip for artificial intelligence, built in partnership with Broadcom. The processor was designed specifically for the unique needs of OpenAI's inference systems and is an application-specific integrated circuit intended to power current and future large language models. Source
Qualcomm agreed to acquire Modular, a chip software startup, for nearly $4 billion. Modular has emerged as one of the most promising chip software startups of the AI era. Source
Jonas Adler and Alexander Pritzel, top AI researchers at Google, are leaving for Anthropic, continuing a pattern of departures from the search giant. The moves follow earlier exits by prominent scientists Noam Shazeer and John Jumper. Source
Agility Robotics, a humanoid robotics startup that spun out of Oregon State University in 2015, plans to go public via a SPAC merger valuing the company at $2.5 billion. The deal is expected to generate $620 million in proceeds for the company. Source
A major United States memory chip manufacturer reported exceptional financial results, with revenue quadrupling to $41.45 billion compared with the same period a year earlier. Profit surged from $1.88 billion to $28.2 billion year-over-year, as the company capitalized on a memory chip shortage driving demand. Source