Trump's $500B Stargate AI initiative is stalling as OpenAI, Oracle, and SoftBank clash over data center ownership, forcing a compromise where SoftBank owns a Texas facility while OpenAI controls its design — leaving the ambitious project far short of its original vision.
OpenAI CEO Sam Altman fires back at viral claims that ChatGPT consumes 17 gallons of water per query, calling them 'completely untrue,' while acknowledging AI's real energy demands and urging a rapid global expansion of nuclear, wind, and solar power.
OpenAI slashes its infrastructure spending target to $600B by 2030—down from $1.4T—while finalizing a massive $100B+ funding round at a $730B valuation, with Nvidia potentially investing $30B alongside SoftBank and Amazon, as the AI giant projects $280B in revenue by 2030.
Mukesh Ambani unveils a massive $110 billion plan to build gigawatt-scale AI data centers and edge computing infrastructure across India over seven years, aiming to slash AI costs, boost local-language AI, and position India as a global compute powerhouse amid a broader national AI investment surge exceeding $200 billion.
Nvidia-backed Emerald AI raises $25M in seed extension funding at a $250M valuation, bringing total funding to $42.5M, as its software helps data centers slash energy costs and ease grid strain during peak demand.
Meta signs a massive multiyear deal with Nvidia for millions of CPUs and GPUs to supercharge its AI infrastructure, marking the first large-scale Grace-only deployment, as Big Tech's combined AI spending in 2026 is projected to surpass the total cost of the Apollo space program.
Meta strikes massive multibillion-dollar deal with Nvidia to deploy millions of AI chips across data centers, becoming first company to use Nvidia's standalone Grace CPUs as part of ambitious $600 billion infrastructure expansion through 2028.
Mistral AI acquires Koyeb in a massive $1.4 billion expansion, deploying 18,000 Nvidia Blackwell GPUs across 40 MW of data center capacity in Sweden while integrating Koyeb's platform into its Mistral Compute offering and discontinuing free starter plans for new users.
Meta partners with NVIDIA in a multiyear deal to deploy millions of Blackwell and Rubin GPUs across hyperscale data centers, while expanding use of Grace CPUs and implementing confidential computing for WhatsApp's AI-powered features with enhanced privacy protection.
Unprecedented global memory chip shortage triggered by AI boom forces major corporations including Tesla and Apple to face severe production constraints and profit compression, while soaring prices across consumer electronics, automobiles, and data centers signal a deepening crisis as DRAM supply fails to meet explosive demand.