Senator Elizabeth Warren wrote to OpenAI chief Sam Altman asking the company to confirm it will not seek a government bailout if it fails to become profitable. Warren warned that OpenAI’s massive spending and growing debt could force taxpayers to shoulder losses, citing the company’s partnership with CoreWeave as an example. OpenAI has repeatedly denied any plans for federal guarantees, but Warren’s letter seeks details on any government loan discussions, tax‑credit requests, and projected finances through 2032. The senator gave Altman a deadline to respond, underscoring broader concerns about AI‑related financial risk to the U.S. economy. Leia mais →

A recent SEC filing reveals that two unidentified customers accounted for roughly 39% of Nvidia’s second‑quarter revenue, with one contributing 23% and another 16%. The chipmaker reported record revenue of $46.7 billion for the quarter, driven by AI data‑center demand. Nvidia classifies these buyers as direct customers—OEMs, system integrators, or distributors—while cloud service providers purchase through them. CFO Nicole Kress noted that large cloud providers represent 50% of data‑center revenue, which itself makes up 88% of total revenue. Analysts warn of concentration risk but note the customers’ strong cash positions. Leia mais →