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Report: OpenAI lowers funding target to $20 billion
Per the Financial Times, OpenAI cut its new round's target from $30 billion to $20 billion, a sign investors are growing wary of massive AI spending.
NVIDIA reports $96.2 billion revenue as AWS plans two million additional GPUs
The fiscal Q2 2027 results show strong infrastructure demand. AWS's additional GPU deployment is a plan for 2027–2028, rather than capacity already delivered.
Nineveh and Uptime Institute announce digital infrastructure partnership
Announced on July 27, the cooperation follows a memorandum signed on July 17. Its stated priorities include resilient digital infrastructure, knowledge transfer and local skills development.
NVIDIA explains how 45°C liquid can cool AI servers
A June 21 report describes warm-liquid cooling for Rubin. Coolant temperature should not be confused with room temperature or the chip's operating limit.
OpenAI raises $122 billion at an $852 billion valuation
The largest funding round in tech history. OpenAI says it now makes about $2 billion in revenue a month.