AMD
OpenAI CEO Sam Altman Rejects Government Guarantees While Projecting $20 Billion Revenue Run Rate
Nov 07, 2025 09:50 am CST
OpenAI CEO Sam Altman has declared the company doesn't seek government guarantees for data centers while projecting over $20 billion annual revenue run rate by year-end. With $1.4 trillion in commitments planned over eight years and partnerships with Nvidia and AMD, the ChatGPT creator emphasizes market forces should determine success amid growing concerns about AI investment returns.
Massive AI Infrastructure Investments: Tech Giants Pour Billions Into Computing Power Partnerships
Nov 04, 2025 02:05 am CST
Tech giants are committing unprecedented financial resources to secure AI computing infrastructure, with deals totaling hundreds of billions of dollars. From OpenAI's $38 billion Amazon partnership to Meta's strategic investments in computing power providers, this comprehensive overview reveals how computing capacity, rather than code development, has become the critical priority in the AI race.
OpenAI Secures Landmark $38 Billion Infrastructure Deal With Amazon AWS to Scale AI Development
Nov 04, 2025 12:59 am CST
OpenAI has signed a major $38 billion infrastructure agreement with Amazon AWS, providing the AI company with crucial computing resources including hundreds of thousands of Nvidia GPUs. The seven-year partnership aims to strengthen the computing ecosystem necessary for advancing frontier AI technology, representing OpenAI's first significant deal since its organizational restructuring and adding to its growing portfolio of tech partnerships with industry giants.