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OpenAI's Annualized Revenue Nears $50B, Below the Reported $70B; Nasdaq Falls 1.25%
Why it matters: OpenAI told investors its annualized revenue was "approaching $50 billion," $20 billion below …
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Broadcom Arranges $50B+ Financing for OpenAI Custom Chips; Oracle and SpaceX Also Seek Chip Debt
…om chip it is developing with OpenAI; per the WSJ, cloud providers have already issued hundreds of billions in…
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White House Announces $2.4B in AI-for-Science Tool and Compute Credit Pledges From 11 Companies
…B over 5 years), AMD ($500M), OpenAI ($200M), Anthropic and Google ($150M each) pledged $2.4 billion in "super…
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Nvidia-Backed Firmus Withdraws $31B IPO That Would Have Been Australia's Biggest in Nearly 30 Years
…i-year compute agreement with OpenAI for two facilities in Malaysia using Nvidia Vera Rubin NVL72 systems. Sca…
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Mistral Debuts “Le Chonk”: Open-Weight Large 4 in Public Preview, Weights Drop Oct 27
…e years old, and smaller than OpenAI and Anthropic. In September it closed a €3 billion Series D (Reuters: €21…
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Nvidia-Backed Reflection Debuts Beam, Its First Open-Weight Frontier Model: 501B Params, 23B Active
…ludes closed labs (Anthropic, OpenAI), China's open camp (DeepSeek, Qwen, Z.ai), Western open players (Mistral…
