Jensen Huang says the 10 GW OpenAI project is equivalent to 4M-5M GPUs; the first phase is expected to come online in H2 2026 using Nvidia's Vera Rubin platform
The manufacturer of the chips is investing in the purchaser of the chips to help them continue to purchase more chips. Forums: r/CryptoCurrency : Nvidia plans to invest up to $100 billion in OpenAI r/...
Source: the clause that rescinds Microsoft's access to OpenAI's most powerful tech if OpenAI develops AGI remains part of their new deal, but has been modified
The start-up reached a tentative deal with Microsoft, its biggest investor, and said it would give a $100 billion stake to the nonprofit that manages it.
At a White House event, Apple commits to spending another $100B on US manufacturing and aims to bring more of its supply chain to the US to avoid iPhone tariffs
Made In USA iPhone Still Off The Table Snaggy / The Joy of Tech : The Joy of Tech comic... Tim and Trump! MarketWatch : Dow Jones Top Markets Headlines at 11 PM ET: U.S. Trading Partners Race to Secur...
Microsoft says it is on track to invest ~$80B in FY 2025 to build out datacenters to train AI and deploy AI and cloud apps, with 50%+ of the spending in the US
plans to spend tens of billions of dollars to build out AI data center … Rounak Jain / Benzinga : Microsoft To Invest $80 Billion In AI Data Centers For Fiscal 2025 Minh Le / Tech in Asia : Microsoft ...
Nvidia will replace Intel in the Dow Jones Industrial Average on November 8, after Amazon replaced Walgreens in February 2024; Intel joined the index in 1999
Intel's 25-year reign has come to an end Varsha Agarwal / DNA India : Nvidia to replace rival Intel in Dow Jones indices by November 8 Kara Greenberg / Investopedia : Nvidia To Take Intel's Place in t...
BlackRock, GIP, Microsoft, and MGX announce a new AI fund that seeks to raise $30B+ of private equity capital and $100B+ in total investment when including debt
Should we be worried? Louisa Clarence-Smith / The Times : BlackRock and Microsoft to launch $100bn AI infrastructure fund Aaron Holmes / The Information : Microsoft, BlackRock to Launch $30 Billion Fu...
Sources: Nvidia, Apple, and Microsoft, the three most valuable tech companies, are in talks to participate in a funding round that would value OpenAI at $100B+
- Apple, Microsoft also have been in talks about participating — Financing would value OpenAI at more than $100 billion
Sources: Masayoshi Son seeks up to $100B for an AI chip venture to rival Nvidia; one scenario involves $30B from SoftBank and $70B from Middle Eastern investors
Welcome to Runtime! Today: why ridiculous sums of money … Pranav Dixit / Business Today : After Sam Altman, SoftBank founder Masayoshi Son joins AI chip race to challenge Nvidia dominance Rupam Roy /...
Sources: Apple strikes deal with Steven Spielberg to remake Amazing Stories, an 80s sci-fi series, in its first major foray into creating original content
What SoftBank's Masayoshi Son Is Up to With $100 Billion Financial Times : Apple eyes iconic studio as base for Hollywood production push Karl Utermohlen / InvestorPlace : Apple, Steven Spielberg Team...