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Stay up to speed on the rapid advancement of ai technology and the benefits it offers to humanity. Chatgpt creator openai, the world's largest private company, is asking the us government to provide loan guarantees for its massive infrastructure expansion that will eventually cost more than $1 trillion. The artificial intelligence company said the nonprofit that controlled the organization would receive a $130 billion stake in the new company.

Openai signs $38 billion deal with amazon openai has committed to buying billions of dollars worth of compute from aws—the latest in a string of major deals brokered by the ai startup. Openai said it has reorganized its ownership structure and converted its business into a public benefit corporation. With the announcement of openai’s restructuring came the news that microsoft, which has invested in the organization since 2019, now holds an investment of $135 billion in the organization’s.

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