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ChatGPT-maker OpenAI can’t stop spending, ties up with Broadcom for AI chips; but why analysts are not pleased

OpenAI, the maker of ChatGPT, has announced a new partnership with chip giant Broadcom to design and build specialized computer processors for artificial intelligence, marking its latest move in a series of high-profile deals. The collaboration follows recent agreements with Nvidia and AMD to supply computer chips, as OpenAI seeks to bolster its infrastructure to…

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How and why Microsoft’s $1 billion bet on ChatGPT-maker OpenAI in 2019 may be best investment in tech history

OpenAI recently announced plans to restructure into a for-profit public benefit corporation, a move that will allow it to issue traditional stock to investors. With this change, according to analysts, Microsoft is set to receive a new equity stake in OpenAI that could be worth at least $150 billion. This would be a remarkable return…

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