Intro

Another huge OpenAI deal, this time with AMD. The huge amount of chips Elon is buying for his Colossus II. It’s not just compute! How the AI boom is driving up prices for memory and storage chips. And does the math work out for those new fangled small nuclear reactors?

• AMD stock skyrockets 30% as OpenAI looks to take stake in AI chipmaker (CNBC)
• Elon Musk Gambles Billions in Memphis to Catch Up on AI (WSJ)
• AI data centers are swallowing the world's memory and storage supply, setting the stage for a pricing apocalypse that could last a decade (Tom's Hardware)
• OpenAI and Jony Ive grapple with technical issues on secretive AI device (FT)
• US and investors gambling on unproven nuclear technology, warn experts (FT)

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