OpenAI’s Quest for AI Compute Stalls as Stargate JV Stumbles
TL;DR Summary
OpenAI’s plan to rapidly deploy AI compute through the Stargate joint venture with Oracle and SoftBank has stalled, hampered by leadership gaps and disagreements over who does what, leaving the three partners without staffing or actively developing OpenAI’s data centers and slowing the broader race for AI-powered computing power.
- Inside OpenAI’s Scramble to Get Computing Power After Stargate Stalled The Information
- OpenAI resets spending expectations, tells investors compute target is around $600 billion by 2030 CNBC
- OpenAI Forecasts Its Revenue Will Top $280 Billion in 2030 Bloomberg
- As concerns spiral, Sam Altman reduces compute target by more than half, tells investors it is ... The Times of India
- OpenAI Boost Revenue Forecasts, Predicts $111 Billion More Cash Burn Through 2030 The Information
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