OpenAI says ChatGPT has 900M+ weekly active users, 50M+ consumer subscribers, and weekly Codex users have more than tripled since the start of the year to 1.6M
raising the stakes for AI monetizationZac Hall /9to5Mac:ChatGPT approaching 1 billion weekly active users
OpenAI raised $110B at a $730B pre-money valuation, up from $500B in a secondary financing in Oct.; Amazon invested $50B, Nvidia and SoftBank invested $30B each
OpenAI announced a $110 billion funding round on Friday, a financing that's more than double the size of its last raise a year ago …
Nvidia stock is down 5%+, as investor concerns around the AI infrastructure boom dampen enthusiasm about its better-than-expected earnings
Kai Nicol-Schwarz /CNBC:
Nvidia discloses $3.5B in guarantees to companies leasing land, power, and data center facilities, up 4x on Q3; the move may help firms without credit ratings
Miles Kruppa /The Information:NEW
Software stocks like AppLovin and CrowdStrike extended their weeks-long selloff; several of the biggest decliners were discussed in Citrini Research's post
The weeks-long selloff in software stocks deepened Monday amid general unease about the threat posed by AI. — Software-makers AppLovin, CrowdStrike …
Imagining an AI-driven “2028 Global Intelligence Crisis”: as white-collar layoffs grow, the human-centric consumer economy withers and the social fabric frays
A Thought Exercise in Financial History, from the Future — Preface — What if our AI bullishness continues to be right …
Imagining an AI-driven “2028 Global Intelligence Crisis”: as white-collar layoffs grow, the human-centric consumer economy withers and the social fabric frays
A Thought Exercise in Financial History, from the Future — Preface — What if our AI bullishness continues …
A senior official says Pentagon is “close” to designating Anthropic a “supply chain risk”, requiring all US military contractors to sever ties with the company
Defense Secretary Pete Hegseth is “close” to cutting business ties with Anthropic and designating the AI company a …
Sources: SpaceX and xAI are competing in a $100M DoD contest to make voice-controlled, autonomous drone swarms; OpenAI is helping Applied Intuition's submission
Elon Musk's SpaceX and wholly owned subsidiary xAI are competing in a secretive new Pentagon contest to produce voice-controlled …
A senior official says Pentagon is “close” to designating Anthropic a “supply chain risk”, requiring all US military contractors to sever ties with the company
Defense Secretary Pete Hegseth is “close” to cutting business ties with Anthropic and designating the AI company a …
Sources: Alphabet plans to sell a rare 100-year sterling bond, as Big Tech companies borrow more to fund their capex growth; IBM sold a 100-year bond in 1996
Deal comes as Google parent steps up AI borrowing rush with $15bn sale of dollar bonds — Alphabet has lined up banks to sell …
Alphabet raised $20B in its biggest ever US dollar bond sale, more than the $15B initially expected, after drawing more than $100B of orders
Here's all we knowErin Woo /The Information:Alphabet Reportedly Set for $20 Billion US Bond SaleEstefano Gomez /Crypto Briefing:Alphabet draws $100B+ demand for $15B bond sale to f...
Sources: Alphabet plans to sell a rare 100-year sterling bond, as Big Tech companies borrow more to fund their capex growth; IBM sold a 100-year bond in 1996
Deal comes as Google parent steps up AI borrowing rush with $15bn sale of dollar bonds — Alphabet has lined up banks to sell …
Alphabet raised $20B in its biggest ever US dollar bond sale, more than the $15B initially expected, as it seeks to finance $185B in 2026 capex
Alphabet Inc. is looking to raise about $15 billion from a US high-grade dollar bond sale, according to people with knowledge of the matter …
Mark Zuckerberg says Meta is establishing Meta Compute, a top-level initiative to build “tens of gigawatts” of AI infrastructure this decade and hundreds later
initiative is said to consume hundreds of gigawatts over timeJaxon Gaines /Watcher Guru:Meta Stock Dips From $650 After “Meta Compute” RevealSiddharth Jindal /Analytics India Magaz...
Meta confirms it is laying off Reality Labs staff and will “reinvest the savings” in wearables; CTO Andrew Bosworth says 1,000+ staff will be notified Tuesday
Meta Platforms Inc. is beginning to cut more than 1,000 jobs from the company's Reality Labs division …
Sources: Meta plans to lay off ~10% of its 15,000-employee Reality Labs division, disproportionately affecting those working on VR headsets and Horizon Worlds
The layoffs are set to be announced this week and would affect Meta's work on the metaverse, as the company spends heavily on building artificial intelligence.
Michael Burry, Anthropic co-founder Jack Clark, and Dwarkesh Patel on the future of AI, whether AI tools improve productivity, job losses due to AI, and more
The man who predicted the 2008 crash, Anthropic's co-founder, and a leading AI podcaster jump into a Google doc to debate the future of AI—and, possibly, our lives
Michael Burry, Anthropic co-founder Jack Clark, and Dwarkesh Patel on the future of AI, whether AI tools improve productivity, job losses due to AI, and more
The man who predicted the 2008 crash, Anthropic's co-founder, and a leading AI podcaster jump into a Google doc to debate the future of AI—and, possibly, our lives
Nvidia refuted accounting questions in a memo to analysts, saying “Unlike Enron, Nvidia does not use Special Purpose Entities to hide debt and inflate revenue”
A series of prominent stock sales and allegations of accounting irregularities have put Nvidia NVDA +2.05% in the middle …