
OpenAI seeks $30B in new funding as AI compute costs soar
OpenAI aims to raise $30 billion, while Anthropic faces $600B+ in long-term compute obligations, reshaping AI investment and spending.
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OpenAI aims to raise $30 billion, while Anthropic faces $600B+ in long-term compute obligations, reshaping AI investment and spending.

TeraWulf signs a 20-year lease with Anthropic for 401 MW, reinforcing its shift to AI and high-performance computing infrastructure.

Tencent reports 11% Q2 revenue growth to RMB204.8B, capex jumps 176%, and backs AI startup DeepSeek at $60B valuation.