Training next-generation AI models compounds the problem. On top of running existing AI models like those that power ChatGPT, OpenAI is constantly working on new technology in the background. It’s a process that requires thousands of specialized chips running continuously for months. The circular investment question The financial structure of these deals between OpenAI, Oracle, and Nvidia has drawn scrutiny …
Read More »Alibaba shares leap on Nvidia partnership, data center plans Reuters Alibaba shares jump 9% in U.S. premarket after CEO unveils plans to boost AI spending CNBC Asia Poised for Muted Start as Powell Holds Back: Markets Wrap Bloomberg.com Alibaba Shares Soar After CEO Hikes AI Spending Past $50 Billion Yahoo Finance Alibaba Shares Surge as It Boosts AI Bet, Rolls Out New Model The Wall …
Read More »OpenAI, Oracle, SoftBank plan five new AI data centers for $500 billion Stargate project Reuters CNBC Daily Open: Raining on OpenAI’s parade CNBC OpenAI, Oracle, and SoftBank expand Stargate with five new AI data center sites OpenAI OpenAI Unveils Plans for Seemingly Limitless Expansion of Computing Power The Wall Street Journal OpenAI and Oracle show off Stargate AI data center in Texas and plan …
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OpenAI announced on Tuesday that it plans to build five new AI data centers across the United States with partners Oracle and SoftBank through its Stargate project. The new data centers will bring Stargate’s planned capacity to seven gigawatts — enough energy to power more than five million homes. Three of the new sites are being developed with Oracle. They’re …
Read More »OpenAI to Join Tech Giants in Building 5 New Data Centers in U.S. The New York Times OpenAI’s first data center in $500B Stargate project is open in Texas, with sites coming in New Mexico and Ohio CNBC OpenAI, Oracle, and SoftBank expand Stargate with five new AI data center sites OpenAI OpenAI and Oracle to Announce Data Center Expansion in Texas The Information …
Read More »OpenAI, Oracle, and SoftBank expand Stargate with five new AI data center sites OpenAI OpenAI and Oracle to Announce Data Center Expansion in Texas The Information OpenAI Unveils Plans for Seemingly Limitless Expansion of Computing Power The Wall Street Journal OpenAI to Join Tech Giants in Building 5 New Data Centers in U.S. The New York Times OpenAI, Oracle, SoftBank plan five new AI …
Read More »Bitcoin hovers around $113K as traders eye Powell speech and inflation data theblock.co Stock Market Today: Dow Futures Steady Ahead of Fed Chair Powell’s Comments — Live Updates The Wall Street Journal Wall Street mixed with Powell in spotlight for rate outlook Reuters Stock market today: Dow, S&P 500, Nasdaq futures hold near record highs Yahoo Finance Federal Reserve Chair Powell on U.S. Economy C-SPAN …
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OpenAI and Nvidia have struck one of the biggest partnerships in AI, with Nvidia pledging to invest up to $100 billion in OpenAI while supplying the compute power needed to build the company’s next generation of models. The deal, announced Monday in a letter of intent, calls for OpenAI to deploy at least 10 gigawatts of Nvidia systems for AI …
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U.S. stock futures were edging lower ahead of Monday’s session after the Dow and S&P 500 closed at new record highs, with investors now awaiting the Personal Consumption Expenditures (PCE) data, a key inflation indicator. Futures on the Nasdaq 100 (NDX), the Dow Jones Industrial Average (DJIA), and the S&P 500 Index (SPX) were down 0.04%, 0.13%, and 0.08%, respectively, at 1:19 a.m. EDT on September …
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