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Top stories today:
- Broadcom said to secure $10B+ OpenAI AI chip order for 2026
- Amazon, Microsoft, Google, OpenAI pledge AI-in-education
- OpenAI has announced AI-powered hiring platform to take on LinkedIn
- NVIDIA said to rent 18K of its own AI chips from Lambda in $1.5B deals
- Bret Taylorās Sierra closes $350M round at $10B valuation
0. Data and calendar
All values as of 6 AM ET / 3 AM PT, other than S&P500 and NASDAQ close (4 PM ET / 1 PM PT).
All times are ET.
Listen to our AI-generated podcast summarizing todayās newsletter (beware of hallucinations):
1. Broadcom said to secure $10B+ OpenAI AI chip order for 2026
Broadcom share price +9% in pre-market trading Fri.:
OpenAI will reportedly use the chip internally, without selling it to external customers.
Broadcom CEO Hock Tan vaguely referred to the partnership during its earnings call on Thu.
āLast quarter, one of these prospects released production orders to Broadcom,ā Tan said.
Broadcomās outlook will improve āsignificantlyā in fiscal 2026, Tan told investors.
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3. Amazon, Microsoft, Google, OpenAI pledge AI-in-education commitments at White House event
Representational image generated using ChatGPT.
First lady Melania Trump hosted the event with cabinet secretaries and tech CEOs, including Sundar Pichai, Satya Nadella, and Sam Altman.
The U.S. needs to āmassively grow our electricity productionā to meet AI demands, Energy Secy. Chris Wright said.
No discussion of child safety as teensā AI-linked suicides raise alarm
President Trump wasnāt at the event.
Relatedly, tech CEOs including Tim Cook and Mark Zuckerberg thanked Trump for promoting chip and AI investments at his dinner.
Zuckerberg said Meta is investing āat leastā $600B in the U.S. through 2028, after Trump pressed him.
Trump promised an easy energy-permitting process for data centers.
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