Nvidia has greatly benefited from the recent upswing and AI revolution. It has surpassed Alphabet and Amazon to become the third most valuable company in the world.
In June 2024, it even briefly overtook tech giants Microsoft and Apple to take the top spot. The major tech companies all want to be involved in AI, but few of them want to rely solely on Nvidia. As a result, many of them are looking for alternatives wherever they can.
Reports also claimed that Microsoft and OpenAI are developing a data centre project that would feature “Stargate,” an AI supercomputer that might run on AMD hardware.
According to The Information, OpenAI has been in talks to create a new AI chip that will rival Nvidia with a number of chip designers, including Broadcom.
Bigger Than AMD And Intel
The most well-known aspect of Broadcom’s business is the design, development, and provision of a wide range of semiconductor and infrastructure software solutions. These products find application in telecommunications equipment, smartphones, base stations, home connectivity, broadband access, and data centre networking.
It is presently ranked as the thirteenth most valuable company globally, surpassing more well-known tech behemoths like Samsung, AMD, Intel, Arm, IBM, and Qualcomm.
The Information suggests that regardless of the outcome, it’s unlikely to compete with anything Nvidia is currently producing given the years of research and development, and the money that it would take. It’s unclear at this point whether OpenAI’s discussions with Broadcom and other suitors are related to Stargate.
To illustrate how serious the company is about producing its own hardware, OpenAI has hired former Google employees with experience developing Tensor processors.
Meanwhile, SearchGPT, an AI-powered search engine with real-time access to information across the internet, is OpenAI’s much-awaited entry into the search market.