HSBC, General Atlantic Executives Warn AI Spending Outpaces Revenue Growth
HSBC and General Atlantic executives caution that AI investments are accelerating faster than revenue, creating risks of overvaluation and slow productivity gains.
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HSBC and General Atlantic executives caution that AI investments are accelerating faster than revenue, creating risks of overvaluation and slow productivity gains.
OpenAI and Amazon Web Services have announced a $38 billion multi-year partnership that will provide OpenAI with massive AWS infrastructure to power advanced AI workloads and future models.
Vention expands its AI-powered full-stack automation platform with AI Operator, a new Developer Toolkit, and advanced simulation features, enabling manufacturers to achieve faster, smarter, and safer automation from design to deployment.
Oracle Cloud Infrastructure will deploy 50,000 AMD Instinct MI450 GPUs beginning in 2026, underscoring the growing competition to Nvidia in the global race for AI computing capacity.
OpenAI has announced a strategic partnership with Broadcom to design and deploy 10 gigawatts of custom AI accelerators, expanding its hardware ecosystem beyond Nvidia and AMD.
OpenAI’s computing agreements have now surpassed $1 trillion, spanning deals with AMD, Nvidia, Oracle, and more – a milestone that underscores the capital intensity driving AI infrastructure expansion.
AI search startup Perplexity has reportedly raised $200 million at a $20 billion valuation, just two months after a $100 million round – signaling its rapid rise as a major rival to Google.