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Rani Molla

Google’s Waymo has now done more than 10 million paid trips, the company’s co-CEO Tekedra Mawakana said yesterday. That’s double what it was five months ago, with the company now delivering a quarter of a million rides per week.

Rival Tesla, which is still supposed to launch its paid robotaxi service in Austin next month, on the other hand, hasn’t done a single paid ride.

That hasn’t stopped Tesla CEO Elon Musk from bragging, though. On the company’s earnings call last month, he said, “I don’t see anyone being able to compete with Tesla at present.”

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Meta announces new Texas data center, partnership with Arm

Meta announced today it’s breaking ground on a new “AI-optimized” data center in El Paso, Texas that will scale to 1GW. That’s not to be confused with the city-sized AI data center it’s building in Louisiana that’s expected to scale to 5GW.

In other Meta AI data center news, Reuters reports that Meta is also partnering with chip tech provider Arm Holdings for “data center platforms to power its AI ranking and recommendation systems, which are key to discovery and personalization across its apps.” The partnership also likely represents an effort to diversify away from Nvidia chips.

Meta is expected to spend up to $72 billion in capex this year, as it amps up AI-related infrastructure projects.

Meta is expected to spend up to $72 billion in capex this year, as it amps up AI-related infrastructure projects.

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Report: OpenAI scrambles to find new revenue in its 5-year business plan

After a flurry of enormous (and confusing) deals, OpenAI has committed to spending more than $1 trillion with various partners in the AI ecosystem. Now it has to figure out how to pay for it all.

The Financial Times has some details of OpenAI’s five-year business plan and how it’s exploring “creative” ideas to secure more capital.

Among the elements of the plan:

OpenAI is currently pulling in $13 billion in annual recurring revenue, with 70% of that coming from consumer ChatGPT subscriptions, according to the report. But it also plans on burning $115 billion through 2029.

Among the elements of the plan:

OpenAI is currently pulling in $13 billion in annual recurring revenue, with 70% of that coming from consumer ChatGPT subscriptions, according to the report. But it also plans on burning $115 billion through 2029.

England’s Coldstream Guards

Google’s Waymo plans to launch autonomous rides in London next year

This marks the company’s second international expansion after Tokyo.

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