About that new venture – Breaking News & Latest Updates 2026
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Chip race: Microsoft, Meta, Google, and Nvidia battle it out for AI chip supremacy

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About that new venture.

Former (and future?) OpenAI CEO Sam Altman has been pitching custom, Nvidia-rivaling AI Tensor Processing Unit (TPU) chips, according to a report in The New York Times. He’s reportedly also sought funding from Masayoshi Son, SoftBank’s founder, for his rumored Jony Ive AI hardware collaboration.

Today, Bloomberg reported that the TPU project is code-named “Tigris,” and that “a number of prominent venture firms,” including Microsoft, are ready to or interested in backing Altman’s future projects.

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