OpenAI Closes In on $100 Billion Mega-Round at $850 Billion Valuation
OpenAI is finalizing the largest private funding round in history, with Amazon, SoftBank, Nvidia, and Microsoft committing over $100 billion at a valuation exceeding $850 billion.
Articles Tagged "AI Infrastructure"
Hard Drives Are Sold Out for 2026: AI Data Centers Have Bought Everything
Western Digital and Seagate confirm their entire 2026 HDD production is sold out to AI hyperscalers, with consumer prices surging nearly 50% as the storage industry pivots away from retail buyers.
India's AI Summit Produced $350 Billion in Pledges - Here's Where the Money Is Actually Going
India's AI Impact Summit drew $350 billion in infrastructure commitments from Reliance, Adani, Microsoft, and Google, positioning New Delhi as a third pole in the global AI race.
Nvidia's $100 Billion OpenAI Deal Collapses Into a $30 Billion Equity Bet
Nvidia abandons its $100B infrastructure partnership with OpenAI after five months of stalling, replacing it with a $30B equity stake as OpenAI's record-breaking funding round nears $100B at an $850B valuation.
llama.cpp Creator Joins Hugging Face, Cementing the Open-Source AI Inference Stack
Georgi Gerganov and the ggml.ai team behind llama.cpp are joining Hugging Face. The deal unifies model hosting, model definition, and local inference under one open-source roof.
Meta Goes All-In on Nvidia: Millions of Chips, Tens of Billions of Dollars, and a 5-Gigawatt Data Center
Meta and Nvidia announce a multiyear deal spanning millions of GPUs and CPUs, with Meta becoming the first to deploy Nvidia's Grace CPUs standalone at scale.
RAMmageddon: AI's Hunger for Memory Chips Is Starving the Rest of the Tech Industry
AI data centers now consume 70% of global memory production, triggering price surges, product delays, and warnings of manufacturer bankruptcies across consumer electronics.
