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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…
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Broadcom Arranges $50B+ Financing for OpenAI Custom Chips; Oracle and SpaceX Also Seek Chip Debt
…oadcom is arranging more than $50 billion in financing for the custom chip it is developing with OpenAI; per t…
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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…
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OpenAI in Talks for $30B Round at $1.4T Valuation, With UAE Funds and BlackRock Circling
… about 64% above March's $852 billion post-money; it is offered as a fixed price with no lead investor yet, an…
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OpenAI in Talks to Raise $30B at $1.4T Valuation: A Bridge Round After the IPO Delay
… about 64% above March's $852 billion valuation; Altman has ruled out a 2026 listing, while Anthropic reported…
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