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1. OpenAI's Annualized Revenue Nears $50B, Below the Reported $70B; Nasdaq Falls 1.25%

   

   …ized revenue was "approaching $50 billion," $20 billion below the $70 billion reported late last month; the Na…

   Stories·Oct 9

2. Lambda Seeks $4B in Final Pre-IPO Round at $14.5B Valuation: $35B of Its $50B Backlog Is One Customer

   

   …ambda's backlog rose from $15 billion in June to $50 billion in September, $35 billion of it from a single Ant…

   Stories·Oct 7

3. White House Announces $2.4B in AI-for-Science Tool and Compute Credit Pledges From 11 Companies

   

   Why it matters: The $2.4 billion from 11 companies comes as compute credits and tools rather than cash appropr…

   Stories·Oct 9