AI developers are rushing to build data centers and the electric infrastructure to power them, but are doing a much less effective job of planning how to earn the revenue that will support that infrastructure, a new report from research and analysis firm Bain & Co. says.
OpenAI has signed deals with Nvidia and Oracle that total $400 billion in value. The creator of ChatGPT has pledged to buy $300 billion in cloud computing services from Oracle from 2027 through 2031.
In the West, the Stargate partnership of OpenAI, Oracle, and funder Softbank have set out to build $500 billion in AI data centers in the U.S. and more elsewhere around the world.
Stargate, the partnership among OpenAI, Oracle, and Softbank to build data centers around the world, has announced the location of its next five U.S. projects.
Huawei Technologies is tired of seeing the country’s AI developers choose Nvidia’s chips.