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According to Bloomberg, OpenAI is making a massive investment in its first infrastructure project, dubbed "Stargate," with an estimated cost of $100 billion. The project's first data center complex, located in the small Texas town of Abilene, is planned to house up to 400,000 powerful Nvidia AI chips. Once fully operational, it will be one of the world's largest AI computing centers. Image Note: Image generated by AI, image licensing service Midjourney.

AMD has released its latest AI chip, the Instinct MI300X, which serves as an alternative to Nvidia chips. Meta and Microsoft have announced purchases of the AMD MI300X chip. The MI300X features a new architecture and boasts 192GB of high-performance HBM3 memory. AMD aims to reduce the development costs of AI models and increase competitive pressure on Nvidia. AMD predicts that the future AI GPU market will reach $400 billion.

A non-profit organization funded by cryptocurrency billionaire Jed McCaleb, Voltage Park, has invested $500 million to purchase 24,000 NVIDIA H100 chips. Voltage Park plans to rent out these chips at low cost to help alleviate the current AI chip shortage. After investing in NVIDIA chips, Voltage Park can provide computational support for various companies' AI projects. This batch of chips will be deployed in data centers located in Texas, Virginia, and Washington. With the craze surrounding ChatGPT...

Saudi Arabia and the UAE are buying NVIDIA chips to build artificial intelligence software. Saudi Arabia has already purchased at least 3,000 NVIDIA H100 chips. The UAE has developed its own open-source large language model at the Technology Innovation Institute in Abu Dhabi.