Keep pulling the thread on Donald Trump.
The Trump administration has confirmed it is considering taking an equity stake in major AI labs.
OpenAI is reportedly actively promoting the idea in Washington D.C. of the U.S. government taking an equity stake in AI companies.
OpenAI is proposing to donate equity to the U.S. government to establish a public wealth fund.
Google signed a deal with SpaceX to rent compute capacity for $920 million per month.
The compute rental deal between Google and SpaceX is set to run from October 2024 through June 2029 and provides access to at least 110,000 NVIDIA GPUs.
Boring Business calculated that based on the Anthropic and Google deals, xAI will receive $26 billion per year in revenue, resulting in an 18-month payback period for its reported $40 billion data center investment.
Yu Chenjin stated that SpaceX has become the largest "neocloud" with 550,000 GPUs, which is more than double the capacity of CoreWeave.
Yu Chenjin claimed that Starlink generates $15 billion in Annual Recurring Revenue, making GPU rentals SpaceX's largest business segment.
NVIDIA has secured a new two-year deal with SK Hynix, ensuring the latter will continue as its largest memory supplier.
The deal with SK Hynix secures NVIDIA's supply of high-bandwidth memory for the production ramp of its next-generation VERA Rubin chips.
NVIDIA CEO Jensen Huang stated that the entire semiconductor industry supply chain, from wafers to silicon photonics to cable connectors, is currently experiencing a supply shortage.
The Financial Times reported that OpenAI plans to transform ChatGPT into a "super app" that combines coding tools and AI agents.