Five months after OpenAI and Nvidia announced a $100 billion deal, no contract has been signed and no money has changed hands.

OpenAI executives have repeatedly signaled, both publicly and privately, that the only factor limiting the company’s revenue growth is access to computational resources. Chief Financial Officer Sarah Friar wrote an entire blog post on this topic earlier this year,

For months, OpenAI’s Sam Altman has been talking up plans to spend trillions of dollars on an unprecedented buildout of data centers stocked with advanced chips to power AI.

The deal strengthens AWS's AI offerings and may help fend off challenges from cloud rivals Microsoft and Google.

The deal could ease some of Wall Street's fears about Amazon's monster $200 billion capex spending, and accelerate its development of AI tools.

SAN FRANCISCO, Feb 2 (Reuters) - OpenAI is unsatisfied with some of Nvidia’s latest artificial intelligence chips, and it has sought alternatives since last year, eight sources familiar with the matter said, potentially complicating the relationship ...

The money-burning ​developers of ChatGPT and ⁠Claude sparked an ​investment mania, with ​Big Tech set to spend $650 bln this year ​on the ​AI race as lenders pile ‌in. ⁠For now, this vast well of capital and breakneck ​growth ​sustain ⁠them.

Oracle has added Cerebras AI chips to its cloud infrastructure, alongside Nvidia and AMD hardware. Oracle, CEO Clay Magouyrk, said that Oracle is utilising these chips to deliver AI workloads