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More →Stanley Druckenmiller's first X post backs Hyperliquid venture after $23 million indirect investment
Stanley Druckenmiller's first X post backs Hyperliquid venture after $23 million indirect investment
KuCoin exits Russia and Belarus as crypto exchanges withdraw from Western-sanctioned markets
KuCoin exits Russia and Belarus as crypto exchanges withdraw from Western-sanctioned markets
Crypto exchange HTX exits the UK after settling with the FCA
Crypto exchange HTX exits the UK after settling with the FCA
Polymarket brings ultra-short crypto prediction markets to U.S. platform
Polymarket brings ultra-short crypto prediction markets to U.S. platform
Chainlink adds weekend pricing for tokenized assets, with Aave as launch partner
Chainlink adds weekend pricing for tokenized assets, with Aave as launch partner
Walmart, Eli Lilly join growing pushback against OKX–ICE tokenized stock plans
Walmart, Eli Lilly join growing pushback against OKX–ICE tokenized stock plans
A new framework for tokenized asset tracking
A new framework for tokenized asset tracking
U.S. sanctions Russian nationals for laundering millions in crypto for North Korean IT workers
U.S. sanctions Russian nationals for laundering millions in crypto for North Korean IT workers
OpenAI Plans to Buy Google's AI Chips as It Looks Beyond Nvidia: Report
OpenAI plans to buy AI chips from Google, according to a person familiar with the matter who spoke with <i><a href="https://www.theinformation.com/articles/openai-longtime-nvidia-customer-plans-buy-googles-ai-chips" target="_blank" class="sc-adb616fe-0 dJryYS" rel="nofollow">The Information</a></i>. The step would loosen its dependence on Nvidia, the company that supplies most of the hardware behind the AI boom. Neither company has confirmed the plan, and the price, the number of chips, and the delivery dates have not been disclosed. OpenAI is one of Nvidia’s biggest customers. The chips OpenAI is reportedly after are Google's tensor processing units, or TPUs, processors designed for one job: the math that AI models run on. Google <a href="https://cloud.google.com/blog/products/ai-machine-learning/google-supercharges-machine-learning-tasks-with-custom-chip" target="_blank" class="sc-adb616fe-0 dJryYS" rel="nofollow">revealed the chip</a> in 2016, saying it had already run TPUs in its data centers for more than a year. Reports in June 2025 said OpenAI had begun renting Google's TPUs, and the company described it as early testing with no plans to deploy them at scale. A purchase would mean owning the hardware instead of paying Google by the hour. Other details of the plan have not been made public. A<a href="https://openai.com/careers/software-engineer-tpu-compilers-san-francisco/" target="_blank" rel="nofollow external noopener" class="sc-adb616fe-0 dJryYS">> job listing</a> from OpenAI in San Francisco asks for an engineer to lead the optimization of its frontier models on TPUs so the rumors have weight. The work involves compilers, the software that translates an AI model into instructions a specific chip can run, which is why switching chips is harder than swapping parts. Richard Ho, who leads OpenAI's hardware program, spent nearly nine years at Google and was one of the leaders of its Cloud TPU project before joining OpenAI. In September 2025, Nvidia signed a letter of intent to invest <a href="https://decrypt.co/340794/nvidia-100-billion-openai-historic-ai-infrastructure-deal-stock-pops" target="_blank" class="sc-adb616fe-0 dJryYS" rel="nofollow">up to $100 billion</a> in OpenAI as it deployed at least 10 gigawatts of Nvidia systems. A gigawatt is a billion watts, the unit data center builders now use to size their projects. Two weeks later, AMD gave OpenAI the right to buy up to <a href="https://decrypt.co/343068/amd-stock-skyrockets-openai-bet-loosen-nvidia-grip-ai-chip-market" target="_blank" class="sc-adb616fe-0 dJryYS" rel="nofollow">160 million AMD shares</a>, roughly 10% of the company. The right is tied to OpenAI deploying 6 gigawatts of AMD chips. Nvidia ended up putting <a href="https://decrypt.co/360195/nvidia-probably-done-investing-openai-anthropic-ceo-why" target="_blank" class="sc-adb616fe-0 dJryYS" rel="nofollow">$30 billion</a> into OpenAI's funding round, well below the $100 billion in the letter of intent. CEO Jens
The Federal Reserve's overnight reverse repurchase agreement usage reached $353 million.
According to Bijie.com, on Thursday, the Federal Reserve's overnight reverse repurchase agreement usage stood at $353 million, compared with $176 million reported in the previous trading session.