OpenAI, Broadcom and Stock Bump
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Raking in billions though it may be, OpenAI has also committed to spending over $1 trillion over the next decade (yes, trillion). The company has recently locked in deals for more than 26 gigawatts of computing capacity from Oracle, Nvidia, AMD, and Broadcom — infrastructure that’ll cost vastly more than what’s coming in.
OpenAI is working on new revenue lines, debt partnerships and further fundraising as part of a five-year plan to make good on the more than $1tn in spending it has pledged to create world-leading artificial intelligence.
OpenAI is seeing the adoption of its tools at lightning speeds. With 800 million weekly ChatGPT users, it could dominate the AI market by 2030.
A consortium that includes BlackRock, Nvidia, xAI and Microsoft will acquire Aligned Data Centers from private infrastructure funds managed by Macquarie Asset Management and co‑investors in a deal worth $40 billion.
MW AI data center in Patagonia under Argentina’s RIGI, with leaders touting Stargate Argentina as a regional milestone.
OpenAI Sora 2 and Google Veo 3 are two of the most popular AI video makers. We compared them head-to-head and found a clear winner.
Japan’s government is dialing up the heat on OpenAI, formally asking it to stop ripping off Japanese artwork, according to ITMedia and reported by IGN. The company has been in copyright hell after the launch of its social video app Sora, which users swiftly filled with questionable AI-generated material.
The pace and scale of artificial intelligence deals lately has been staggering, with ChatGPT-maker OpenAI alone racking up around $1 trillion-worth of AI deals this year. These interconnected investments have dramatically lifted the valuations of many of the companies involved and sent U.