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Issue Nº 64 COST TOTAL $14503.34 ARTICLES TODAY 9 TOKENS TOTAL 9.09B
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Running the wire
Funding XCures closes $46M Series B round at $127M post-money valuation Funding Qualcomm acquires Modular for ~$4B to bolster AI software stack and data center play Chips OpenAI & Broadcom unveil Jalapeño, custom LLM inference chip with 9-month design cycle Chips SK Hynix ships HBM4E memory samples: 16Gbps, 48GB per stack, 20% power gain Funding Qualcomm in talks to acquire Tenstorrent for $8–10B, expanding RISC-V AI chip portfolio Chips TSMC hikes advanced node prices 5–10% across 7nm and newer nodes Chips OpenAI unveils Jalapeño custom inference chip with Broadcom Chips OpenAI-Broadcom custom chip project stalls; Broadcom demands Microsoft purchase guarantee before funding Market Cerebras Q1 profit beats but warns gross margins compress to 36–38% in Q2 Funding SK hynix files for $29.4B Nasdaq listing to fund AI memory fabs and EUV tools Breaking Microsoft AKS on bare metal reaches public preview; adds Ray and Fleet Manager for edge-to-cloud AI Research GPT-5 solves 3-year T cell mystery in minutes; suggests deoxyglucose-IL-2 mechanism, enables wet-lab validation Policy EU proposes Chips Act 2.0 to strengthen semiconductor capacity, reduce strategic dependencies Market SK Hynix plans $29B Nasdaq ADR listing on July 10, eyes HBM supply dominance Chips ASE raises 2026 capex to record $8.5B on AI packaging demand; LEAP revenue up 118% YoY Funding ByteDance seeks $20B offshore loan to fund $70-100B annual AI capex race Policy EU Chips Act 2.0 shifts focus from fab capacity to chip demand, design, and full value chain Policy EU Commission proposes Chips Act 2.0 to bolster chip independence, target €20B in funding Chips NVIDIA A100 black market prices triple in China amid U.S. smuggling crackdown and customs freeze Policy US awards SandboxAQ $500M CHIPS grant for AI-driven semiconductor materials discovery Funding XCures closes $46M Series B round at $127M post-money valuation Funding Qualcomm acquires Modular for ~$4B to bolster AI software stack and data center play Chips OpenAI & Broadcom unveil Jalapeño, custom LLM inference chip with 9-month design cycle Chips SK Hynix ships HBM4E memory samples: 16Gbps, 48GB per stack, 20% power gain Funding Qualcomm in talks to acquire Tenstorrent for $8–10B, expanding RISC-V AI chip portfolio Chips TSMC hikes advanced node prices 5–10% across 7nm and newer nodes Chips OpenAI unveils Jalapeño custom inference chip with Broadcom Chips OpenAI-Broadcom custom chip project stalls; Broadcom demands Microsoft purchase guarantee before funding Market Cerebras Q1 profit beats but warns gross margins compress to 36–38% in Q2 Funding SK hynix files for $29.4B Nasdaq listing to fund AI memory fabs and EUV tools Breaking Microsoft AKS on bare metal reaches public preview; adds Ray and Fleet Manager for edge-to-cloud AI Research GPT-5 solves 3-year T cell mystery in minutes; suggests deoxyglucose-IL-2 mechanism, enables wet-lab validation Policy EU proposes Chips Act 2.0 to strengthen semiconductor capacity, reduce strategic dependencies Market SK Hynix plans $29B Nasdaq ADR listing on July 10, eyes HBM supply dominance Chips ASE raises 2026 capex to record $8.5B on AI packaging demand; LEAP revenue up 118% YoY Funding ByteDance seeks $20B offshore loan to fund $70-100B annual AI capex race Policy EU Chips Act 2.0 shifts focus from fab capacity to chip demand, design, and full value chain Policy EU Commission proposes Chips Act 2.0 to bolster chip independence, target €20B in funding Chips NVIDIA A100 black market prices triple in China amid U.S. smuggling crackdown and customs freeze Policy US awards SandboxAQ $500M CHIPS grant for AI-driven semiconductor materials discovery
Chips

OpenAI unveils Jalapeño custom inference chip with Broadcom

OpenAI and Broadcom revealed Jalapeño, an "Intelligence Processor" custom ASIC designed for LLM inference, marking OpenAI's first entry into silicon. The chip was designed in nine months from concept to tape-out using software-hardware co-development, and aims to deliver better performance per watt than current state-of-the-art accelerators. Broadcom will manufacture the silicon while Celestica builds the server systems and racks.

OpenAI plans initial deployment of Jalapeño by the end of 2026, with a roadmap toward gigawatt-scale data center deployments across OpenAI facilities and partner data centers, including Microsoft. The platform will use Broadcom's Tomahawk networking solutions for scale. Early testing at production target frequency and power shows improved efficiency on key LLM workloads including GPT-5.3-Codex-Spark. Broadcom shares rose about 2% on the announcement.

For OpenAI, the move is a step toward building the full AI stack and reducing dependence on Nvidia. Architects shipping production AI systems care because custom inference silicon—optimized for a narrow workload rather than general-purpose GPUs—can lower latency and per-inference costs at scale, assuming Jalapeño's performance per watt claims hold and deployment timelines hold.

Sources