OpenAI’s Bold Move: Venturing into the Multi-Billion Dollar AI Chip Market

Sousa Brothers
2 min readOct 11, 2023

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Image Credits: Bryce Durbin / TechCrunch

Hello there, here’s your personal tech buff coming at you with some upfront techie-news. 💻

Today we’re talking about the big moves OpenAI, one of the thriving AI startups, is making in the industry.

They are reportedly planning to make their own AI chips, stepping beyond software industry lines and venturing into the world of hardware. A bold and innovative step, wouldn’t you say? 😮

Key takeaways from this news are :

  • OpenAI has been strategizing its AI chip launch, with possibilities including an acquisition of a manufacturer or designing chips internally.
  • The CEO of OpenAI has placed chip acquisition at the top of the priority list, giving us a hint at the direction they are heading.
  • While GPUs are the current standard for running AI models, the sudden demand has led to supply chain strain and sky-high prices. 😓
  • Industry leaders like Google, Amazon, and Microsoft have already set a course in the AI chip market, posing a competitive challenge for OpenAI.

Wrapping up, it’s evident that OpenAI is gearing up for a paradigm shift. While creating their own AI chips seem like a huge bet, it’s worth noting that the company isn’t short of resources.

With over $11 billion in venture capital and closing in on $1 billion in annual revenue, the funding is there. But the hardware business is a tough road to traverse, filled with its own sets of risks and hazards.

Will the investors, including big names like Microsoft, take the plunge with OpenAI into this new adventure? Only time can tell. But one thing’s for sure, these could be exciting times ahead for the AI and tech industry. Strap in, and let’s see where this rocket ship goes! 🚀

Until next time, keep up with the tech times! 🕓

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Sousa Brothers
Sousa Brothers

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