Analysts say ChatGPT’s explosive growth trajectory puts it on track to become one of the world’s largest companies by 2030, driven by unprecedented demand for AI assistants, enterprise automation, and AI-driven commerce.
Nvidia CEO Jensen Huang told staff to use AI for all possible tasks and reassured them that automation would not threaten their jobs.
AI and automation may eliminate 3 million low-skilled UK jobs by 2035, though professional roles are expected to rise, highlighting uneven workforce impacts.
xAI is nearing a $15 billion funding round that would value the company at $230 billion, underscoring continued investor demand for advanced AI model developers.
Google and Accel will co-invest up to $2M in early-stage Indian AI startups through Accel’s Atoms program, offering capital, compute credits, and deep technical mentorship.
Meta is in talks to spend billions on Google’s TPUs for its data centers, a shift that would position Alphabet as a stronger competitor to Nvidia. The discussions include Meta potentially renting Google Cloud chips as early as next year.
Russia is developing home-grown AI models to compete with U.S. and China, with Sberbank leading efforts. Officials compare AI influence to nuclear technology, emphasizing national sovereignty.
Asian semiconductor shares sank after Nvidia’s overnight decline, with major suppliers including SoftBank, SK Hynix, Samsung, and TSMC posting sharp losses. T
OpenAI CEO Sam Altman told employees that Google’s new Gemini 3 model is tightening the AI race and may create temporary economic headwinds for the company. Despite the pressure, Altman said OpenAI remains focused on ambitious long-term breakthroughs and expects to catch up.
OpenAI has partnered with Foxconn to co-design and prepare U.S. manufacturing for next-generation AI data center hardware, strengthening domestic supply chains and accelerating deployment of advanced compute systems.
Amazon’s latest layoffs hit engineering and product roles hardest as the company restructures and redirects resources toward artificial intelligence.
Google executives told employees the company must double its compute capacity every six months to keep pace with surging demand for AI services, underscoring the rising cost and competition in cloud infrastructure.
SoftBank plans to invest up to $3 billion to convert an Ohio EV plant into a facility producing modular data center equipment for OpenAI’s expanding U.S. infrastructure.
Nvidia reported strong third quarter results driven by soaring demand for its data center GPUs and Blackwell architecture. The company raised its outlook as AI infrastructure spending accelerates.
Elon Musk announced a 500-megawatt xAI data center in Saudi Arabia, built with HUMAIN AI and powered by Nvidia chips, expanding the company’s global compute footprint.