OpenAI told investors its annualized revenue stood at roughly $50 billion at the end of September, below the $68 billion figure widely reported last month, CNBC confirmed. A person familiar with the matter said the higher figure had included gross revenue from OpenAI's partners, used for comparison with rival Anthropic. Shares of Nvidia, Oracle and CoreWeave fell after the revised figure emerged, alongside reported growth rates of 77% overall and 107% in enterprise business.
cnbc.com
· 2026-10-08
The 10-year Treasury yield has climbed to about 5.17%, its highest level since 2007, pushing up the cost of debt for AI infrastructure companies. JPMorgan Chase has estimated $4.1 trillion in AI-related debt could be issued through 2030, and this week SoftBank sold $11.1 billion in junk bonds with yields as high as 9.75% for a 7-year tranche.
cnbc.com
· 2026-09-27
British AI cloud provider Nscale, spun out of Arkon Energy two years ago, disclosed over $103 billion in contracts ahead of its NYSE listing, but roughly 85% of that value comes from just two customers: Microsoft and Anthropic. The Anthropic deal remains conditional on Nscale securing financing and hitting milestones the company itself calls stringent, with Anthropic free to cancel if targets are missed. Nscale is targeting a $35 billion valuation and hopes to raise $3 billion, despite posting a $1.02 billion net loss on $140.6 million in revenue for the first half of the year.
techcrunch.com
· 2026-09-22
In a discussion moderated by Fast Company's Harry McCracken, CoreWeave cofounder and CEO Mike Intrator explained why traditional cloud computing, built to handle diverse general-purpose workloads, is insufficient for AI's demands. He outlined how CoreWeave has approached infrastructure and software design from scratch to meet AI's unique computational and physical requirements.
fastcompany.com
· 2026-09-17
Investors are increasingly scrutinizing whether the massive data center buildout tied to Anthropic and OpenAI's growth can continue at its current pace, given uncertainty around future AI model progress. Companies like Oracle, GE Vernova, Caterpillar, Vertiv, Nebius, CoreWeave, Dell and Hewlett Packard Enterprise have all made major bets tied to sustained AI infrastructure demand.
cnbc.com
· 2026-09-15
At the Goldman Sachs Communacopia + Technology Conference, CoreWeave CEO Mike Intrator told CNBC that AI and data center companies have not adequately communicated the advantages of their technology to the public. He argued that community opposition stems less from data centers themselves and more from broader anxiety about the rapid pace of technological change and its uncertain effects on people's lives and children's futures.
cnbc.com
· 2026-09-09
Equinix, a colocation data center provider dating back to 1998, has signed a deal with Nvidia enabling customers to run AI workloads flexibly on the Together AI cloud platform. The company's shares have climbed 33% this year, outperforming major tech stocks and pushing its market capitalization to roughly $100 billion, making it the largest data center REIT ahead of Digital Realty's $68 billion valuation.
cnbc.com
· 2026-09-02
Nvidia's latest SEC 13F disclosure reveals it holds $63.44 billion across just eight public equity positions, with Intel and SpaceX making up roughly 80% of the total value. Notably, seven of the eight holdings saw no new activity last quarter, yet the portfolio's value more than tripled, rising from about $18.4 billion to over $63 billion largely due to price appreciation.
techspot.com
· 2026-08-30
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