Overview
- Microsoft’s latest quarterly filing, using equity accounting for its roughly 27% stake, implies OpenAI lost about $11–12 billion in the most recent quarter.
- OpenAI has reportedly signed a seven-year, $38 billion agreement for AWS access to “hundreds of thousands” of Nvidia-based systems to secure model training and operations.
- Deutsche Telekom and Nvidia announced a roughly €1 billion KI-Fabrik in Munich with up to 10,000 Nvidia GPUs, aiming for service availability in early 2026.
- The Munich facility focuses on data sovereignty, keeping customer data in Germany with EU staff, with SAP as a core partner and initial users including Siemens, Agile Robots and Perplexity.
- Telekom says the project will lift Germany’s AI compute capacity by about 50%, underscoring a global buildout as major firms lock in multiyear, multibillion infrastructure commitments.