Huge number reveal from OpenAI's Greg Brockman in court this am: OpenAI expects to spend $50 billion on compute this year. This gives a sense for how expensive it is *just to provide the computing power* for one of the world's most powerful AI companies.
INVESTMENT
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Perplexity Computer Adds Licensed Finance Data with 35 Analyst Workflows
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Perplexity Computer now brings in licensed data for professional finance research and analysis with 35 dedicated workflows that are representative of the daily work of an analyst https://t.co/0qHbdkgrAD
— Aravind Srinivas (@AravSrinivas) 5 mai 2026Perplexity Computer now brings in licensed data for professional finance research and analysis with 35 dedicated workflows that are representative of the daily work of an analyst
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a16z crypto’s $2.2B investment highlights deep understanding of crypto cycles
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And yes I'd be highly surprised I got a subscription if I just wanted to buy a single jar of creatine gummies
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OpenAI vs Anthropic Valuation and ARR Comparison 2024
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OAI 850B valuation, ~30B ARR now Ant ~900B valuation, ~44B* ARR now *revenue recognized differently, per Denise Dresser its probably closer to 8-10B lower if using OAI methodology chart reconstructed from wsj by me
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Domino Data Lab Wins $99.7M U.S. Navy AI Contract
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"A technology developed in peacetime over the past four years is ready to be deployed rapidly." @DominoDataLab COO Thomas Robinson joined Bloomberg This Weekend to discuss the U.S. Navy's contract award of up to $99.7M. https://
hubs.ly/Q04fmQd60 -
Anthropic Launches AI Services Firm with Blackstone and Goldman Sachs
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Anthropic is launching a new AI services company with Blackstone, Hellman & Friedman, and Goldman Sachs to help mid-sized businesses integrate Claude into core operations
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CEO Discusses AI Chip Wars and Infrastructure Future at WebSummit
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The AI chip landscape is shifting fast. Catch our CEO @RodrigoLiang at @WebSummit Vancouver breaking down what’s changing and what it means for the future of AI infrastructure. May 13 | 2:00–2:20 PM https://
vancouver.websummit.com/sessions/van26
/777c4409-1a00-428e-ba1e-59898cb69085/the-new-diplomacy-of-the-ai-chip-wars/
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Futurum and NVIDIA Frame AI as Five-Layer Stack with $690B Spend
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Futurum Group just published a report with NVIDIA that frames AI as a five-layer stack: energy, chips, infrastructure, models, applications, and the data is worth sitting with. The five largest US hyperscalers are on track to spend up to $690B on infrastructure this year alone,
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Brockman Questioned on OpenAI For-Profit Conversion Plot
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A few other snippets: — The lawyer then asked if Brockman’s been “plotting for a while” to turn it into a for-profit at the time he was having conversations with Elon over the nonprofit vs. for-profit. Brockman disagreed with the characterization, but the lawyer then entered
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Musk Lawyer Grills OpenAI’s Brockman on Compensation in Trial
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"Are you saying it takes $30 billion to get you out of bed in the morning, but $1 billion doesn't get you out of bed in the morning?" — Elon Musk's lawyer to OpenAI President Greg Brockman during cross-exam in the Musk v. Altman trial