09:25 AM EDT, 10/13/2025 (MT Newswires) -- Broadcom ( AVGO ) and OpenAI, which counts Microsoft (MSFT) as a major investor, said Monday they are launching a partnership to deploy 10 gigawatts of OpenAI-designed artificial intelligence accelerators.

Financial details were not provided.

The racks of AI accelerator and network systems, which will use ethernet and other connectivity products from Broadcom ( AVGO ), will be installed in OpenAI's facilities as well as partner data centers, the companies said.

Deployment is expected to start in the second half of 2026 and will be completed by the end of 2029, the companies added.

Broadcom ( AVGO ) shares were up over 9% in recent premarket activity Monday.