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AI Spending Fears Hit Big Tech Stocks as Nasdaq Slides

The Nasdaq MarketSite in Times Square, New York (file photo, 2021). Photo: Ajay Suresh via Flickr, CC BY 2.0 (creativecommons.org/licenses/by/2.0)

Alphabet, Intel and Amazon shares fall as investors question huge AI spending and weaker cash flow. The numbers behind the tech sell-off, explained.

Nvidia Reportedly Discussing $250 Billion Financing Deal to Support OpenAI Data Center Project

Nvidia is reportedly in discussions to provide up to $250 billion in financing guarantees for OpenAI as part of one of the world’s largest artificial intelligence infrastructure projects. According to reports, the proposed agreement would support OpenAI’s plans to lease a massive AI data center currently being developed in southern Ohio, marking a significant shift… Continue reading Nvidia Reportedly Discussing $250 Billion Financing Deal to Support OpenAI Data Center Project