Nvidia acquired SchedMD, the developer of the Slurm workload management system used in high-performance computing and AI, pledging to maintain it as open source and vendor-neutral. The company also released Nemotron 3, a...
Data center electricity consumption is forecasted to increase from 40 gigawatts to 106 gigawatts by 2035, representing a nearly 300% surge driven primarily by AI training and inference workloads. New facilities will be s...
OpenAI CEO Sam Altman revealed the company expects to reach $20 billion in annualized revenue by year-end and grow to hundreds of billions by 2030, with approximately $1.4 trillion in data center commitments over the nex...
Nvidia became the first public company to reach a $5 trillion market capitalization, driven by surging demand for its GPUs used in AI applications. The company expects $500 billion in AI chip sales and is building seven...
OpenAI announced a partnership with Broadcom to develop 10 gigawatts of custom AI accelerator hardware to be deployed between 2026 and 2029, potentially costing $350-500 billion. This follows recent major infrastructure...
OpenAI has announced unprecedented deals with AMD and Nvidia worth hundreds of billions of dollars to acquire AI infrastructure, including an unusual arrangement where AMD grants OpenAI up to 10% equity in exchange for u...
OpenAI sold $6.6 billion in employee-held shares, pushing its valuation to $500 billion, the highest ever for a private company. Major investors including SoftBank and T. Rowe Price participated in the sale, which serves...
OpenAI has signed agreements with Samsung Electronics and SK Hynix to produce high-bandwidth memory DRAM chips for its Stargate AI infrastructure project, scaling to 900,000 chips monthly—more than double current industr...
The technology industry continues to invest heavily in AI infrastructure, with commitments reaching $100 billion as companies rush to build data centers and secure talent. This represents a significant shift in the tech...
OpenAI has reportedly secured $100 billion in commitments, highlighting the massive scale of investment flowing into AI infrastructure. The news reflects broader shifts in the tech landscape, including changes in talent...
