Overview
- Microsoft disclosed it has provided $11.6 billion of a $13 billion OpenAI commitment and now holds about 27 percent, leading media to estimate OpenAI’s quarterly loss at $11.5–12.1 billion.
- OpenAI signed a seven‑year, $38 billion agreement with Amazon’s AWS for access to “hundreds of thousands” of Nvidia chip systems.
- Satya Nadella said the immediate hurdle for scaling AI is electricity and ready datacenter capacity rather than GPU supply, noting chips are on hand that cannot yet be deployed.
- Sam Altman, pressed on spending and losses in the Bg2 Pod interview, insisted revenue will rise, floated a possible $100 billion figure for 2027, and downplayed investor concerns.
- Big Tech continues record AI capex and new infrastructure deals, intensifying investor debate over whether massive spending on chips and data centers will translate into adequate returns.