OpenAI, the company behind ChatGPT and Codex and the models those tools use, and Broadcom, an established silicon supplier, have announced a new chip, called Jalapeño, designed specifically for large language model inference in data centers.

The companies intend to deploy the chip at large data centers and claim this is just the first generation in a long-term project that will see chips refined over time.

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SpaceX will acquire AI coding tool Cursor for $60 billion in an all-stock transaction, the companies announced today. The deal is expected to close in the third quarter.

It comes just two days after SpaceX's unprecedented IPO and a few months after the merger of SpaceX and xAI, which brought a significant restructuring of xAI.

Cursor was one of the first tools to fully bake features that leverage large language models into an IDE. It's a branch of Visual Studio Code with heavy AI integration. However, incumbent platforms and bigger AI companies have since rolled out comparable features.

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