OpenAI’s Partners Rake Up $96 Billion Debt as AI Industry’s Borrowing Trend Escalates
Companies supplying data centers, chips, and processing power to OpenAI have racked up a staggering $96 billion in debt to fund their operations. What Happened: According to the report, the AI industry’s increasing reliance on debt and its dependence on the loss-making startup OpenAI continues to raise concerns. The revenue generated by AI firms and the rapidly expanding data center operators … Read more