OpenAI has signed up to $1 trillion worth of deals

$1T

In the past few weeks, OpenAI has announced a flurry of massive deals with Oracle, Nvidia, CoreWeave, AMD, and others as hundreds of billions fly between technology partners racing to expand AI infrastructure at unprecedented scale. The Financial Times tallied it all up and found that the company has signed about $1 trillion worth of deals, and it isn’t clear at all that it will be able to fund them.

The “circular” nature of some of these arrangements is also one factor playing into fears that we’re in an AI bubble.

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Rani Molla3h

Tesla abandoned plans to make thousands of Optimus robots this year

At the start of this year, Tesla CEO Elon Musk said on an earnings call that his company planned to build 10,000 Optimus robots for internal use in 2025. On that same call, he hedged and said he thought the company would definitely build “several thousand” of the bots and that they would “be doing useful things by the end of the year.” Tesla apparently abandoned those plans this summer, according to new reporting from The Information, amid “difficulty Tesla has had with the hands for the robots” and other problems.

The importance of Optimus to Tesla has skyrocketed as sales of the company’s EVs have fallen. Last month, Musk said Optimus would some day amount to 80% of the value of Tesla.

Musk, who has been continually sharing videos of Optimus on X, reportedly hopes to impress investors next month at the company’s annual shareholder meeting with a “dancing troupe of Optimus bots.”

As Elon Musk Preps Tesla’s Optimus for Prime Time, Big Hurdles Remain

The importance of Optimus to Tesla has skyrocketed as sales of the company’s EVs have fallen. Last month, Musk said Optimus would some day amount to 80% of the value of Tesla.

800M

Rani Molla10/6/25

Microsoft-backed OpenAI now has 800 million weekly users for ChatGPT — up from 700 million last month — according to CEO Sam Altman, who spoke during the company’s developer conference today. For those who are counting, that’s about 736 million more users than Grok has each month.

OpenAI’s Altman: Sora will let copyright holders control how their characters appear

The buzzy AI video generation app is tweaking its lax controls for generating copyrighted characters in users’ videos.

Jon Keegan10/6/25

Musk’s xAI spending $18 billion for another 300,000 Nvidia GPUs for “Colossus 2”

Elon Musk’s xAI is racing to finish its “Colossus 2” AI data center in Tennessee, and will need to spend at least $18 billion for the remaining 300,000 Nvidia GPUs, according to a report from The Wall Street Journal.

Musk is spending billions to keep the company’s Grok AI model at the front of the pack in the AI race, and he’s taking any shortcuts he can to get there.

According to the report, the site for the Colossus 2 data center sits on the border with Mississippi, and the company is building out a 1-gigawatt power station across state lines and running the power back to Tennessee.

By importing the power across state lines, Musk is taking advantage of looser regulations for power generation in Mississippi. The first Colossus used temporary gas turbines to get around permitting requirements, as Musk was reportedly too impatient to wait for local infrastructure to be upgraded.

Recent reports say the company is burning through as much as $1 billion per month and hopes to turn a profit in 2027.

Elon Musk Gambles Billions in Memphis to Catch Up on AI

Recent reports say the company is burning through as much as $1 billion per month and hopes to turn a profit in 2027.

Rani Molla

AIs Wide Open

10/6/25

More details about OpenAI’s AI device: Palm-sized with multiple cameras potentially

The screenless AI companion device is supposed to launch next year.

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