Apple VP Paul Meade, who led Vision Pro and AI smart glasses development, is reportedly joining OpenAI's hardware team amid Apple leadership changes.

OpenAI and Broadcom debut Jalapeño, OpenAI's first custom AI accelerator chip, purpose-built for inference workloads and developed using OpenAI's own models.

Meta is reportedly building an AI pendant and expanding its AI glasses roadmap as it pushes further into wearable hardware.

Google Cloud unveiled its eighth-generation TPU AI chips split into two variants at Google Cloud Next, challenging Nvidia's dominance in AI hardware.

Elon Musk showcased the first sample of Tesla's AI5 chip, claiming a 40x performance improvement over its predecessor, manufactured by TSMC.

Foxconn reported a 29.7% year-on-year revenue rise in Q1 2026, fuelled by strong demand for AI racks, while cautioning on geopolitical uncertainty.

Nvidia is set to announce a new inference chip platform at its upcoming GTC conference in March, aiming to further solidify its dominance in the AI hardware market.

A significant global shortage of DRAM and NAND storage is causing price hikes of over 50% and long delivery delays, creating a major bottleneck that could stall on-premise AI projects for many enterprises in 2026.

OpenAI has announced a landmark $10 billion agreement with chipmaker Cerebras to deploy 750 megawatts of AI computing power by 2028, significantly expanding its hardware infrastructure and reducing its reliance on Nvidia.