OpenAI, Walmart and ChatGPT
Digest more
OpenAI, Broadcom
Digest more
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.
MW AI data center in Patagonia under Argentina’s RIGI, with leaders touting Stargate Argentina as a regional milestone.
The ChatGPT maker plans to burn an immense $115 bln by 2029, defying the usual startup profit path. The splurge has a certain crazed logic. Boss Sam Altman can juice more revenue from users, while only the threat of vast scale can squeeze costs – provided the funds keep flowing.
From CSO Online — experts are warning that Homeland Security’s reassignment of CISA staff could leave U.S. networks exposed. The Department of Homeland Security is shifting hundreds of CISA cybersecurity personnel into non-cyber roles tied to immigration and border enforcement.
Microsoft hires former British PM Rishi Sunak as a part-time advisor, while David Azose joins Airtable and Oumi names a new executive.
Greg Brockman says OpenAI used its own AI to design chips with Broadcom, finding optimizations that human designers would've needed weeks to spot.