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Blog
“Significant concerns” raised over impact of data center growth on regional energy grids
Researchers say they have “significant concerns” about the effect rapid growth in data center electricity demand is having on regional energy networks. Schneider Electric has published an investigation into the possible future of AI’s electricity consumption over the next decade, using system dynamics modeling to forecast scenarios for AI electricity demand in the future. ‘The breadth of AI’s projected electricity…
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OpenAI just raised $6.6bn in funding, but it drove a hard bargain – investors will be stopped from funding rivals
OpenAI has sealed its much-watched funding round, raising $6.6 billion from investors including Microsoft, Nvidia, and venture capitalists. The funding round values OpenAI at $157 billion, and includes $1.2 billion from Thrive Capital alone, as well as money from Khosla Ventures, SoftBank, and Fidelity, among others. Nvidia’s investment marked its first in OpenAI. Apple had been widely reported to be…
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OpenAI’s former chief scientist just raised $1bn for a new firm aimed at developing responsible AI
OpenAI’s former chief scientist has raised $1 billion for his new firm to develop safe artificial intelligence systems. Ilya Sutskever co-founded Safe Superintelligence (SSI) in June after departing OpenAI in May following a failed attempt to oust CEO Sam Altman in November 2023, which was initially backed by Sutskever. Reports suggest that the investment values SSI at $5 billion. The…
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