Overview
- OpenAI agreed to spend $38 billion over seven years on AWS, gaining access to “hundreds of thousands” of Nvidia GB200/GB300 systems for training and running its models.
- Microsoft’s latest filing revealed OpenAI’s multibillion-dollar quarterly loss, cutting Microsoft’s annual net income by $3.1 billion and earnings by $0.41 per share under equity accounting.
- Satya Nadella said Microsoft already has chips it cannot deploy due to a lack of powered, finished data-center “warm shells,” underscoring energy constraints in key U.S. regions.
- Deutsche Telekom and Nvidia will invest about €1 billion in a Munich data center with up to 10,000 GPUs, slated to go online in early 2026 with data retained in Germany and powered by renewables.
- Beyond AWS, reports cite staggered capacity commitments of roughly $250 billion with Microsoft and $300 billion with Oracle, intensifying questions about whether such outlays can be recouped.