Overview
- Sam Altman said OpenAI is exploring selling compute directly to companies and individuals, and Business Insider reported an unverified plan to invest about $1.4 trillion over eight years in data centers.
- SoftBank disclosed it sold 32.1 million NVIDIA shares for $5.83 billion in October and said it will add $22.5 billion to OpenAI via Vision Fund 2, with co‑investors committing to a $10 billion syndicated facility.
- NVIDIA shares jumped 5.79% on Nov. 10, extending optimism after new partnerships and product announcements in AI infrastructure and networking.
- AMD projected its AI data‑center business will grow about 80% annually over the next three to five years, targets double‑digit market share, and has a multibillion‑dollar supply deal to begin selling Instinct chips to OpenAI from 2026 as reported by CNBC.
- J.P. Morgan cautioned that AI buildouts risk overcapacity and bubble dynamics, equating needed returns to ongoing payments on the scale of global iPhone or Netflix user bases.