OpenAI will also start producing its own AI chips, and news from DeepSeek

OpenAI will also start producing its own AI chips: The chip is co-designed with US semiconductor manufacturer Broadcom, and will go into production next year, according to a Financial Times report. Other major AI players, such as Google and Meta, have also designed specialized chips to run their AI workloads. The move may signal an attempt to reduce reliance on Nvidia chips, which currently dominate the market.

DeepSeek plans on releasing new agentic model in Q4: The Chinese startup, which shook markets earlier this year with its R1 model, is reportedly working on releasing a new model with agentic capabilities. The model will “carry out multi-step actions on a person’s behalf with minimal direction from the user.“ Bloomberg reports that people familiar with the matter expect the model to be released before the end of the year.