Compute Scaling AI News & Updates

Nvidia Reports Record $57B Revenue Driven by Surging AI Data Center Demand

Nvidia reported record Q3 revenue of $57 billion, up 62% year-over-year, driven primarily by its data center business which generated $51.2 billion. The company's CEO Jensen Huang emphasized that demand for its Blackwell GPU chips is extremely strong, with sales described as "off the charts" and cloud GPUs sold out. Nvidia forecasts continued growth with projected Q4 revenue of $65 billion, signaling sustained momentum in AI infrastructure investment.

Anthropic Commits $50 Billion to Custom Data Centers for AI Model Training

Anthropic has partnered with UK-based Fluidstack to build $50 billion worth of custom data centers in Texas and New York, scheduled to come online throughout 2026. This infrastructure investment is designed to support the compute-intensive demands of Anthropic's Claude models and reflects the company's ambitious revenue projections of $70 billion by 2028. The commitment, while substantial, is smaller than competing projects from Meta ($600 billion) and the Stargate partnership ($500 billion), raising concerns about potential AI infrastructure overinvestment.

OpenAI Announces $20B Annual Revenue and $1.4 Trillion Infrastructure Commitments Over 8 Years

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 next eight years. Altman outlined expansion plans including enterprise offerings, consumer devices, robotics, scientific discovery applications, and potentially becoming an AI cloud computing provider. The massive infrastructure investment signals OpenAI's commitment to scaling compute capacity significantly.

Microsoft Secures $9.7B AI Infrastructure Deal with IREN for Nvidia GB300 GPU Capacity

Microsoft has signed a $9.7 billion, five-year contract with IREN to access AI cloud infrastructure powered by Nvidia's GB300 GPUs at a Texas facility supporting 750 megawatts of capacity. The deal is part of Microsoft's broader strategy to secure compute resources for AI services, following similar agreements with other providers like Nscale. IREN, which transitioned from bitcoin mining to AI infrastructure, will deploy the GPUs in phases through 2026.

Nvidia Reaches $5 Trillion Market Cap Milestone Driven by AI Chip Demand

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 new supercomputers for the U.S., while also investing heavily in AI infrastructure partnerships including $100 billion commitment to OpenAI.

OpenAI Plans $1 Trillion Spending Over Decade Despite $13B Annual Revenue

OpenAI is currently generating approximately $13 billion in annual revenue, primarily from its ChatGPT service which has 800 million users but only 5% paid subscribers. The company has committed to spending over $1 trillion in the next decade on computing infrastructure and is exploring diverse revenue streams including government contracts, consumer hardware, and becoming a computing supplier through its Stargate data center project. Major U.S. companies are increasingly dependent on OpenAI's services, creating potential market stability concerns if the company's ambitious financial model fails.

OpenAI Partners with Broadcom for Custom AI Accelerator Hardware in Multi-Billion Dollar Deal

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 deals with AMD, Nvidia, and Oracle, signaling OpenAI's massive scaling efforts. The custom chips will be designed to optimize OpenAI's frontier AI models directly at the hardware level.

OpenAI Secures Multi-Billion Dollar Infrastructure Deals with AMD and Nvidia, Plans More Partnerships

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 using their chips. CEO Sam Altman indicates OpenAI plans to announce additional major deals in coming months to support building 10+ gigawatts of AI data centers, despite current revenue of only $4.5 billion annually. These deals involve circular financing structures where chip makers essentially fund OpenAI's purchases in exchange for equity stakes.

AMD Secures Massive Multi-Billion Dollar AI Chip Deal with OpenAI for 6GW Compute Capacity

AMD has signed a major multi-year deal with OpenAI to supply 6 gigawatts of compute capacity using its Instinct GPU series, potentially worth tens of billions of dollars. The agreement includes an option for OpenAI to acquire up to 160 million AMD shares (10% stake), with deployment beginning in late 2026 using the new MI450 GPU. This deal is part of OpenAI's aggressive expansion to secure compute infrastructure for AI development, following similar recent partnerships with Nvidia, Broadcom, and others.

OpenAI Secures Massive Memory Chip Supply Deal with Samsung and SK Hynix for Stargate AI Infrastructure

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 industry capacity. The deals are part of OpenAI's broader efforts to secure compute capacity, following recent agreements with Nvidia, Oracle, and SoftBank totaling hundreds of billions in investments. OpenAI also plans to build multiple AI data centers in South Korea with these partners.