"OpenAI is reportedly raising tens of fresh billions at a $750 billion valuation, including $10 billion from Amazon. It is pouring money into compute - and literally pouring concrete into the data centers that power AI chips-which the company says it needs to keep constructing the towering stack of models and applications that more than 800 million users now rely on."
"The cost has inspired both awe and deep unease. Industry observers watch OpenAI's expansion the way they might watch the Empire State Building rise - with a budget that keeps climbing as fast as the structure itself. (The actual Empire State Building, it's important to note, only cost about $700 million in today's money and came in under budget.) And some skeptics are increasingly convinced that the entire edifice is a monument to hubris that will come tumbling down before long."
OpenAI is raising tens of billions at an estimated $750 billion valuation, including a $10 billion investment from Amazon. The company is investing heavily in compute and building data centers, even pouring concrete for facilities that house AI chips. More than 800 million users rely on OpenAI's models and applications. The scale of spending generates both awe and concern, with observers likening the expansion to the rising cost of constructing a skyscraper. Some skeptics warn the operation risks collapse from overreach. Experts are divided over whether OpenAI's foundations are sufficiently solid to support continued growth.
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