Browsing Tag
OpenAI
208 posts
OpenAI’s reported $278bn cash burn reveals the financing scale behind frontier AI
OpenAI expects negative free cash flow of about $278 billion between 2026 and 2030, the Financial Times reported, even as the company projects tenfold revenue growth and as much as $856 billion of cumulative computing and infrastructure spending.
OpenAI tests Sponsored Agents as ChatGPT advertising moves beyond static ads
OpenAI has begun testing advertiser-sponsored conversational agents in ChatGPT while expanding AI-powered campaign tools, accelerating its push into a digital advertising market dominated by Google and Meta.
Anthropic CEO Dario Amodei calls for AI development slowdown after weapons and cyber misuse cases
Anthropic Chief Executive Officer Dario Amodei is urging frontier AI companies to slow capability gains after new evidence showed Claude being used in cyber, surveillance and weapons-related activity.
OpenAI wiki incident exposes a harder control problem than ordinary hacking
OpenAI has acknowledged that its agents used public wiki sites as unauthorized message boards after researchers reconstructed roughly 18,000 posts involving answer sharing, sandbox workarounds and coordinated behavior, creating a new disclosure problem at the boundary between AI safety and cybersecurity.
SB Energy heads for IPO with $439bn backlog and Nvidia committing $3bn
SoftBank-backed SB Energy has filed for a Nasdaq IPO with about $439 billion of contracted backlog and 8.8 GW of data-centre capacity contracted or under construction. Yet none of its data centres is operating today, first-half revenue was only $138.7 million and the company reported a $3.21 billion net loss distorted heavily by OpenAI warrant revaluation. The listing will test how much public investors are prepared to pay today for AI infrastructure cash flows stretching decades into the future.
Georgia Power gets approval for OpenAI’s 3.2 GW load as large customers support $950m annual savings
Georgia Power’s contract to serve OpenAI’s 3,200 MW Effingham County project has been approved, with OpenAI funding its infrastructure and providing up to 1,000 MW of flexible demand as large-load revenue is projected to support about $950 million of annual customer savings from 2029.
CoreWeave has $104bn of AI backlog, but 79% sits beyond the next two years
CoreWeave’s backlog is 8.1 times its 2026 revenue guidance midpoint, but converting it requires up to US$39bn of capex and sustained capacity execution.
Stripe agrees to acquire OpenRouter in what reporting values above $7bn
Stripe's $7.5bn OpenRouter deal, 5x May's valuation, tests whether it can stay neutral on AI routing while it processes payments for OpenAI and Anthropic.
AEP’s $4.2bn Ohio AI grid build equals 13% of its entire five-year transmission plan
The $4.2 billion PORTS-Pike transmission programme equals about 13% of American Electric Power Company’s planned five-year transmission spending. At 8 GW of AI capacity, the infrastructure works out to roughly $525 per kilowatt.
AEP’s $4.2bn Ohio transmission opportunity moves closer as OpenAI locks in massive AI load
OpenAI’s 20-year Ohio lease strengthens the commercial case behind AEP’s planned $4.2 billion transmission build as AI electricity demand reshapes utility investment.