OpenAI redefines AI future with rapid mega-deals last 2 weeks
In a fortnight, OpenAI announced a slew of mind-blowing mega deals on AI infrastructure to redefine the AI industry growth outlook. CEO Sam Altman delivers on his statement last month that “OpenAI to spend trillions of dollars on data centre construction in the not-so-distant future” by signing up with Broadcom to design and make inhouse GPU, with Oracle on US$300 billion AI cloud contracts, investment & partnership from Nvidia to build a 10GW AI datacentre likely for StarGate.
After initial excitement, some started wondering if the firm can execute this epic plan that requires raising hundreds of billion dollars, building dozens of GW-level AI datacentre, securing enough energy to power them, & importantly finding enough demand & sales to support & pay for this huge capital expenditure. Sam Altman and its partners including Oracle’s founder Larry Ellison, Softbank founder Masayoshi Son, Nvidia CEO & co-founder Jensen Huang seem confident in their capabilities to pull this off in a few years.
Long term big business plans are never easy and usually with very high execution risk but all business leaders and innovators need to make such plan to achieve their goals and lead the business and the industry to elevate to the next level. At some point, as per their insight and expertise, CEOs need to make bold plan and set grand goal for the company and its staffs to work toward that goal. Just like Steve Jobs moved Apple from a computer company to become a pioneer of smart phone, or like Elon Mush turned Tesla from a negative earnings company to be the world’s EV leader.
