# OpenAI unveils its first custom chip, built by Broadcom; plus, Valor Equity Partners looks to raise a $2.5B Fund VII

Page: https://stenobird.com/podcast/techcrunch-industry-news-2136933/openai-unveils-its-first-custom-chip-built-by-broadcom-plus-valor-equity-partners-looks-to-raise-a-2-5b-fund-vii
Text version: https://stenobird.com/podcast/techcrunch-industry-news-2136933/openai-unveils-its-first-custom-chip-built-by-broadcom-plus-valor-equity-partners-looks-to-raise-a-2-5b-fund-vii.md
Podcast: [TechCrunch Industry News](https://stenobird.com/podcast/techcrunch-industry-news-2136933)
Published: 2026-06-25T09:30:00+00:00
Episode link: https://mgln.ai/e/211/traffic.megaphone.fm/AIRWV8877065169.mp3
Audio file: https://mgln.ai/e/211/traffic.megaphone.fm/AIRWV8877065169.mp3
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Duration seconds: 346

## Resource

Named Jalapeño, the new processor was designed specifically for the unique needs of OpenAI's inference systems. Also, new details have emerged about Valor's latest fund, which last year announced it was raising an unspecified amount of capital. Learn more about your ad choices. Visit podcastchoices.com/adchoices

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