News reporting focused on AI and machine learning, covering the companies behind these technologies, their real-world applications, and the ethical concerns they raise. This includes areas like generative AI (large language models, text-to-image and video), speech tech, and predictive analytics.
Nvidia has reduced its financial guarantee for OpenAI's Ohio data center project from $250 billion to under $120 billion, according to the Wall Street Journal. The chipmaker will now only back the first phase, amid investor concerns over risk exposure. A deal could be signed as early as this weekend, with OpenAI still negotiating a lease for the full 10-gigawatt site developed by SB Energy.
AMD will invest up to $5 billion in Anthropic to expand the AI company's computing power. Under the agreement, Anthropic will deploy up to 2 gigawatts of AMD's Instinct MI450 AI GPUs using the chipmaker's new Helios rack-scale system. The first gigawatt is expected to be deployed in the first half of 2027.
Justin Ernest deployed nearly $400 million into high-profile startups like Anthropic, Anduril, and SpaceX over the past year without launching a traditional venture fund. Instead, he used special purpose vehicles (SPVs) to offer family offices and smaller institutions access to coveted later-stage allocations. His firm Sabertooth VC has already scored a major exit from chipmaker Groq, acquired by Nvidia for $20 billion.
Google has placed an order with Intel to manufacture over three million AI chips for 2028, while Nvidia is testing Intel's manufacturing process for its next-generation Feynman GPU architecture. The moves come as TSMC struggles to keep pace with surging demand for AI chips, giving Intel's foundry business a rare second chance after years of losses. Memory maker SK Hynix is also evaluating Intel's packaging technology.