OpenAI put its Foundry (chip manufacturing) ambitions on hold and is instead talking to TSMC about building a chip, suggesting recognition that internal foundry operations would require excessive capital that conflicts with other priorities like model development and training, and indicating some restraint or reevaluation of spending despite reported high burn rates.
factualpending
Speaker
Brad GerstnerEvidence Quote
“open AI is talking to tsmc about building a chip and has put their Foundry ambitions on hold that's an odd recognition that oh well that may have been too much money”
Source
Ep19. State of Venture, AI Scaling, Elections | BG2 w/ Bill Gurley, Brad Gerstner, & Jamin Ball— Bg2 PodCreated: 8/10/2026, 10:49:01 PM
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