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AI’s Split Screen: OpenAI Hits $500 Billion as Infrastructure Booms, Doubts Deepen

Soaring valuations meet rising doubts over real‑world value, fueling calls for oversight.

Overview

  • OpenAI reached an estimated $500 billion private valuation through a $6.6 billion employee secondary sale to investors including Thrive Capital, Dragoneer, T. Rowe Price, SoftBank and MGX, according to multiple reports.
  • Nvidia plans to invest up to $100 billion to support OpenAI and AI data centers, while the consortium-backed Stargate program is pursuing multihundred‑billion‑dollar buildouts through 2029, with Texas cited as a core hub.
  • OpenAI is pushing beyond chatbots with new commerce integrations for Etsy and Shopify, a Sora social‑video app, plans for an OpenAI Jobs Platform targeting a mid‑2026 launch, and an OpenAI Academy with Walmart aiming to certify 10 million Americans by 2030.
  • Independent research reported from MIT found roughly 95% of corporate generative‑AI projects failed to deliver clear production ROI, underscoring gaps in data readiness, process integration and governance.
  • Microsoft suspended part of its Azure cloud services in the Middle East after alleged misuse linked to surveillance of Palestinian civilians, according to reporting cited by The Guardian, highlighting intensifying governance and geopolitical risks.