π Data to start your week
AI infrastructure spend β Offices β Electricity sales β Fossil fuels β
Hi all,
The much-loved Monday round-up of data is back. Short and sweet as always β the latest market indicators across AI and technology in less than 250 words.
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InfrAI spend β OpenAI plans to spend approximately $90 billion on server infrastructure between 2025 and 2027. Meanwhile, Alphabet, Microsoft, Amazon and Meta are set to spend nearly $400 billion on capital expenditure this year alone.
Anthropic β Their latest valuation is now $170 billion, 3x in just five months.
AI summaries β It is estimated that at least 13.5% of PubMed abstracts in 2024 were processed using LLMs.
AI > Offices β Data center construction spending in the US has more than doubled since ChatGPTβs launch.