
OpenAI is reportedly developing its first hardware product, a phone designed to enhance ChatGPT's functionality. Analyst Ming-Chi Kuo claims the phone will feature a customized MediaTek Dimensity 9600 chip, focusing on advanced image processing capabilities. The device is expected to enter mass production by early 2027, with projected shipments reaching up to 30 million units by 2028. This ambitious move could position OpenAI as a significant player in the hardware market, challenging established brands.
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OpenAI reportedly developing phone for ChatGPT
2 developments
OpenAI is scaling back its ambitions as investor appetite for massive AI infrastructure bets cools. The company has lowered its fundraising target from $30 billion to $20 billion, with only $11 billion secured so far against a valuation that has dropped from $1.4 trillion. This retreat signals a growing wariness among Wall Street investors regarding the capital intensity of the AI race, forcing even the most dominant players to adjust their financial expectations.