OpenAI finance chief Sarah Friar said Wednesday that the company continues to face heavy pressure from AI compute demands.

(Artificial Intelligencer is published every Wednesday. Think your friend or colleague should know about us? Forward this newsletter to them. They can also subscribe here.) ...

According to recent accounts, OpenAI is reportedly gearing up for a second stock sale. It would enable current and former employees to cash out their shares at an estimated valuation of around $500 ...

The AI company is currently focused on securing enough compute capacity for its own AI operations, be that from other ...

Oracle has now become the backbone for many AI companies. Things really took off for the company when TikTok came aboard, and ...

MIT’s “GenAI Divide” report reveals only 5% of generative AI pilots succeed, highlighting why startups thrive while most ...

Vantage Data Centers, which develops data centers for large cloud providers, said Tuesday it is building a large-scale artificial intelligence facility in Shackelford Country, Texas, a 20-minute drive ...

The investment will make SoftBank Intel’s fifth biggest investor, with the conglomerate paying $23 per share of Intel common ...

Shares in the chip maker rose following news of SoftBank’s planned investment and a possible stake for the U.S. government.

Earlier this week, Foxconn Chairman Young Liu confirmed that SoftBank has acquired its Ohio plant to build new AI servers in ...

Agonafer mentioned the $500 billion Stargate data center under development in Abilene — which will be one of the largest AI ...

In addition, according to Brad Shimmin, VP and practice lead at analyst company The Futurum Group, the advent of AI was more ...