AI Could Make Big Oil Even Bigger
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SES AI (SES) Q2 2026 Earnings Call Transcript
Revenue hit $5.1M with 40% growth; Korea facility ramping to 1M cells annually.
Nvidia, SB Energy Announce Massive Ohio Data Center for OpenAI
Nvidia will invest $1.5 billion in SB Energy to support an eight-gigawatt Ohio data center that the company will build and operate for OpenAI.
Sam Altman says OpenAI's decision to pace its AI development was caused by a collection of research observations showing "various degrees of misalignment" (Alex Heath/Time)
“I think it is a good time to slow down,” OpenAI CEO Sam Altman told me last week, describing the company's decision …
- Sam Altman says OpenAI slowed AI development due to misalignment concerns.
- Company paused Astra model for over two weeks, largest frontier training run on hold.
- Observations of misalignment across AI capabilities prompted safety measures and research focus.
Inference chip startup Etched raises another $700M at $21B valuation
A few weeks after closing a $300 million round backed by Nvidia Corp., Etched Inc. today announced that it has raised another $700 million in funding. Investment firm Jane Street led the deal.