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.

Tesla CEO Musk compared the AI race to a high-stakes poker game. Companies must invest billions of dollars annually in AI hardware to remain competitive. This year, Tesla will invest over $500 million in Nvidia AI chips. Musk warned that to keep up with competitors, Tesla will need to make hardware investments amounting to billions of dollars. Global tech companies are competing to acquire Nvidia's H100 graphics processors, which cost tens of thousands of dollars.