🚨 NEW: OpenAI to launch ChatGPT for teens with parental controls amid FTC safety probe. https://t.co/Y143xPUaxd ...

Oracle’s $300 billion agreement to provide cloud services to OpenAI beginning in 2027 is one of the largest technology contracts on record. By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions .Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.According to The Wall Stre ...

Core Insights - Nscale, a UK-based AI infrastructure provider, has rapidly emerged as a key player in the AI market, raising $155 million in Series A funding last year and securing close to $700 million in capital from Nvidia [2][3]. - The company has signed a significant five-year agreement worth $6.2 billion with Microsoft and Aker to develop hyperscale AI infrastructure in Europe, particularly in Norway [4]. - Nscale is also collaborating with OpenAI on a $1 billion project to establish a data center in Norway, aiming to deploy 100,000 Nvidia GPUs by 2027 [5]. Company Development - Nscale was established as a spin-off from Arkon Energy, which initially focused on cryptocurrency mining, to meet the growing demand for AI-capable data centers [6]. - The company has quickly built a robust pipeline, growing its AI data center capacity from 300 megawatts to 1.3 gigawatts within a year [20]. - Nscale's CEO, Josh Payne, emphasized the need for large AI infrastructure projects in Europe to address computing capacity shortages and market fragmentation [8]. Strategic Partnerships - Nscale has been named an AI infrastructure partner for major companies including Nvidia, Microsoft, and OpenAI, highlighting its strategic importance in the AI ecosystem [4][10]. - Microsoft has committed $15.5 billion to new computing equipment in the UK, with plans to build the largest supercomputer in the country in collaboration with Nscale [12]. - OpenAI plans to deploy 8,000 GPUs in the first phase of the Stargate U.K. project, with potential expansion to 31,000 GPUs [15]. Financial Backing and Growth - Nvidia has made a £500 million ($683 million) equity investment in Nscale, viewing it as a potential national champion for AI infrastructure in the UK [17]. - Nscale's rapid growth trajectory is comparable to that of CoreWeave, which has a market cap of $58 billion and has also transitioned from cryptocurrency to AI infrastructure [7]. - The company aims to deploy 50,000 GPUs by the end of 2025 and 150,000 by the end of 2026, supported by its recent funding and partnerships [24]. Market Context - The European market is increasingly focused on "sovereign AI," which requires data centers and AI workloads to be located within Europe, positioning Nscale as a critical player in this initiative [8]. - The UK government has laid out an AI "action plan" to reduce bureaucracy and support the domestic AI sector, further enhancing Nscale's growth prospects [8].

The Boring Company’s lead architect has left the tunneling company founded by Elon Musk to join an autonomous transportation startup backed by investors including OpenAI co-founder Sam Altman https://t.co/Pak2KbDFRh ...

Oracle’s $300B Bet on OpenAI: Genius Move or AI BubbleAnkit Sharma6 min read·1 hour ago1 hour ago--Inside the high-stakes deal that’s making investors and experts question the future of AIImagine waking up tomorrow and learning that a single business deal just made someone richer than anyone else on Earth. Sounds insane, right? But this is exactly how the world of high-stakes tech works — where fortunes are made on bold, sometimes reckless bets you wouldn’t dare to take.Last week, Oracle pulled off one of t ...

Group 1: AI Investment Opportunity - Artificial intelligence is identified as the greatest investment opportunity of our lifetime, with a strong emphasis on the urgency to invest now [1] - Wall Street is investing hundreds of billions into AI, but there is a critical question regarding the energy supply needed to support this technology [2] - AI data centers consume massive amounts of energy, comparable to the energy usage of small cities, leading to concerns about power grid strain and rising electricity prices [2] Group 2: Company Overview - A specific company is highlighted as a key player in the AI energy sector, owning critical energy infrastructure assets that are essential for meeting the increasing energy demands of AI [3][7] - This company is positioned to benefit from the surge in demand for electricity driven by AI data centers, making it a unique investment opportunity [3][6] - The company is debt-free and has a significant cash reserve, amounting to nearly one-third of its market capitalization, which provides financial stability [8] Group 3: Market Position and Growth Potential - The company plays a pivotal role in U.S. LNG exportation, which is expected to grow under the current administration's energy policies [7] - It is capable of executing large-scale engineering, procurement, and construction projects across various energy sectors, including oil, gas, and renewable fuels [7] - The company also holds a substantial equity stake in another AI-related venture, offering investors indirect exposure to multiple growth engines in the AI sector [9] Group 4: Investment Appeal - The stock is described as undervalued, trading at less than 7 times earnings, which presents a compelling investment opportunity [10] - The company is generating real cash flows and possesses critical infrastructure, making it a solid investment choice amidst the AI and energy boom [11] - The influx of talent into the AI sector ensures continuous innovation and advancements, further solidifying the investment case for companies involved in AI infrastructure [12]

Core Insights - Artificial intelligence (AI) is identified as the greatest investment opportunity of the current era, with a strong emphasis on the urgent need for energy to support its growth [1][2][3] - A specific company is highlighted as a key player in the AI energy sector, owning critical energy infrastructure assets that are essential for meeting the increasing energy demands of AI technologies [3][7][8] AI and Energy Demand - AI technologies, particularly large language models like ChatGPT, are extremely energy-intensive, with data centers consuming as much energy as small cities [2] - The energy requirements for AI are expected to escalate, leading to potential crises in power grids and rising electricity prices [2][3] Investment Opportunity - The company in focus is positioned to benefit from the surge in demand for electricity driven by AI, making it a unique investment opportunity that is currently undervalued [3][10] - This company is debt-free and has significant cash reserves, equating to nearly one-third of its market capitalization, which positions it favorably compared to other energy firms burdened with debt [8][10] Strategic Positioning - The company plays a crucial role in U.S. LNG exportation and is involved in large-scale engineering, procurement, and construction projects across various energy sectors, including nuclear energy [7][8] - It is also linked to the onshoring trend driven by tariffs, which could further enhance its market position as American manufacturers bring operations back home [5][6] Market Recognition - Wall Street is beginning to take notice of this company as it quietly capitalizes on multiple favorable trends without the high valuations typical of other energy and AI stocks [8][10] - The company also holds a significant equity stake in another AI-related venture, providing investors with indirect exposure to multiple growth engines in the AI sector [9][10]

编译 | Tina 9 月 16 日，OpenAI 正式推出一款新模型 GPT-5-Codex ，这是一个经过微调的 GPT-5 变体，专门为其各 种 AI 辅助编程工具而设计。该公司表示，新模型 GPT-5-Codex 的"思考"时间比之前的模型更加动态， 完成一项编码任务所需的时间从几秒到七个小时不等。因此，它在代理编码基准测试中表现更佳。 GPT-5-Codex 的发布，为近来"编码代理"（Coding Agents）领域或许最剧烈的一波氛围转折画上了句 号。 过去一年多里，从去年 6 月的 Claude 3.5 Sonnet、到 2 月的 3.7 Sonnet 与 Claude Code，再到 5 月的 Claude 4，Anthropic 在编码场景几乎是一骑绝尘，牢牢占据主导地位。期间公司营收一路飙升至 50 亿 美元（其中 10% 来自 Claude Code），市值冲到 1830 亿美元，单单增加了 1220 亿美元市值。 这一切显然点燃了 OpenAI 的斗志。要知道，早在 2021 年，OpenAI 就发布了最初的 Codex，催生了 GitHub Copilot——全球第一个 AI 编程 ...

Bring in show music, please. >> Hi, I'm CNBC producer Katie Kramer. Today on Squawk Pod, China banning tech companies from buying Nvidia chips. Speaker of the House Mike Johnson on the political implications. >> We're in a race with them. I I it's a very uh I I think counterproductive development for what they they've announced about Nvidia, and we've got to work through that. And it's Fed Day, the interest rate decision we've been waiting for. >> I think we need rates to come down today. I think that's obv ...

BREAKING: Fed Meeting Announcement Soon; Rate Projections Key Reddit (RDDT) stock pared its losses for the day following a report that it's in "early talks" with Google parent Alphabet (GOOGL) on a new content-sharing agreement. The social media platform plans to discuss new deal structures for its content with both Google and OpenAI, according to Bloomberg. Reddit stock has rallied nearly 45% in the past three months, helped by strong Q2 results posted on July 31. Also, the stock is up more than 600% from ...