Why Companies Keep Announcing Bigger AI Bets

Stargate gets off the ground, or at least, announces it is. What if OpenAI leases the chips from Nvidia instead of buying them. I go a bit deep in this episode in terms of the incentives behind all these AI moves. And what happens if AI makes translation as ubiquitous as spell check?

• OpenAI Teams Up With Oracle and SoftBank to Build 5 New Stargate Data Centers (Wired)
• In OpenAI Megadeal, Nvidia Discusses a New Business Model: Chip Leasing (The Information)
• Nvidia’s $100bn bet on ‘gigantic AI factories’ to power ChatGPT (FT)
• Alibaba Shares Soar After Hiking AI Budget Past $50 Billion (Bloomberg)
• VCs to AI Startups: Please Take Our Money (Bloomberg)
• Disney+, Hulu, ESPN to Hike Prices Again in October (The Wrap)
• WhatsApp adds built-in text translations on iPhone and Android (The Verge)

Learn more about your ad choices. Visit megaphone.fm/adchoices