Overview
- Microsoft’s Satya Nadella says scarce electricity and rack capacity, not chip supply, now constrain AI rollouts, leaving many accelerators idle in inventory.
- Nvidia’s market value surged over the past week alongside new overseas deals, including a plan to supply more than 260,000 AI chips to Samsung, Hyundai, SK and South Korea’s government.
- OpenAI’s Sam Altman says the company’s revenue is well above $13 billion and he denies having a set timetable for an IPO despite recent reports about listing plans.
- U.S. coding tools and platforms are increasingly tapping Chinese large models for cost and performance, with reports tying Cursor and Windsurf to Zhipu GLM and integrations announced by Vercel, Cerebras and Together AI.
- Davidson Kempner’s Tony Yoseloff describes AI spending as a prisoner’s dilemma that forces companies to invest heavily, cautioning that broad economic returns may take years to materialize.