OpenAI Just Entered the Chip Business. Meet Jalapeño — and Why It Changes the Economics of AI.
OpenAI and Broadcom unveiled Jalapeño yesterday — OpenAI's first custom inference chip, built in nine months using OpenAI's own models to accelerate the design. Broadcom's CEO says it cuts compute costs by 50% versus current GPUs. We break down what it means for OpenAI's IPO economics, cover Meta's AI prediction market app where Llama generates the questions and decides the winners, and look at the WEF's warning that financial AI governance hasn't kept up with deployment pace.
The skinny
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