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 Gerstner

Evidence 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 BallBg2 Pod
Created: 8/10/2026, 10:49:01 PM

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