ChatGPT Just Designed Its Own Chip.

Summary

The hosts discuss OpenAI's plan to build its own custom AI inference chip (Jalepeño) using its own models, Micron's blowout earnings and its implications for the AI memory trade, Meta's delayed Mythic model, and several other industry developments. Key market implications include a bullish call on memory chip suppliers (Micron, SK Hynix, Samsung) and a positive view on Broadcom as a custom chip enabler. Meta's AI competitive position is questioned, but no strong trade call is made.

• OpenAI announces Jalepeño, a custom AI inference chip designed with its own models, partnering with Broadcom and MediaTek, with a launch target of nine months.
• Micron reports strong earnings and a memory supply deal with Anthropic, disproving fears that the AI memory trade has peaked.
• AI memory demand is surging due to AI agents, autonomous vehicles, and robotics; only three major global suppliers stand to benefit.
• Meta's Mythic-class model faces delays and is likely to be outcompeted by open-source Chinese models by the time it launches.
• A24 partners with Google DeepMind to bring AI storytelling tools to Hollywood under a strict IP separation agreement.
• Amazon's completed Sam Altman biopic hits release roadblocks due to Amazon's cloud deal with OpenAI.
• Anthropic launches Claude Tag for Slack, enabling multiplayer AI collaboration directly in work channels.
• Valor Atomics achieves 24-hour sustained nuclear reactor operation, marking a milestone for private energy innovation.