SMRTR AIJan 24, 2025The Verge

The AI spending frenzy is just getting started

SMRTR summary

Microsoft CEO Satya Nadella is distancing the company from OpenAI's ambitious Stargate project, focusing instead on Microsoft's own $80 billion AI infrastructure buildout. This signals a growing rift between the two companies, with Nadella implying OpenAI's plans may be more hype than substance, while tech giants like Meta continue massive AI investments to compete.

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