OpenAI is working with Broadcom Inc. to develop a new artificial intelligence chip specifically focused on running AI models after they’ve been trained, according to two people familiar with the matter.

Broadcom stocks surged on news of the deal.

Just a few months ago, Samsung Electronics Co. looked primed to benefit from the global AI boom: profits were surging and its stock was rising toward an all-time high.

Ashton Kutcher’s VC firm, Sound Ventures, co-led by general partners Guy Oseary and Effie Epstein, is betting on AI — including with an investment in

Ashton Kutcher believes that every company is going to become an AI company, but that there might not be a winner in the space.

Watch as Sound Ventures partners Ashton Kutcher, Effie Epstein and Guy Oseary discuss their firm’s big bet on AI, the influence of celebrity status, and the trends they are currently tracking at Disrupt 2024. Subscribe for more on YouTube: https://tcrn.ch/youtube Follow TechCrunch on Instagram: http://tcrn.ch/instagram TikTok: https://tcrn.ch/tiktok X: tcrn.ch/x Threads: https://tcrn.ch/threads Facebook: https://tcrn.ch/facebook Bluesky: https://tcrn.ch/bluesky […]

Google is doubling down on AI internally to make its business more efficient.

A new report about OpenAI’s hardware strategy just powered significant gains for AMD stock.

Plus: OpenAI cozies up with the US military and Meta’s foray into AI search.

Google won’t ship tech from Project Astra, its effort to build AI apps and ‘agents’ for real-time, multimodal understanding, until 2025 at the earliest.