New chip architectures presented at the Nvidia GTC conference are driving a shift toward DC power configurations in hyperscale data centers. Companies like Delta, Vertiv, and Eaton are introducing designs that aim to replace inefficient AC to DC power conversions in response to the increasing demands of AI technology.

NVIDIA launched the Vera CPU, which operates with twice the efficiency and 50% faster than traditional CPUs. Collaborating customers include Alibaba, ByteDance, Meta, and Oracle Cloud Infrastructure, with manufacturing partners such as Dell Technologies, HPE, and Lenovo adopting the new CPU.

ByteDance is planning a significant AI hardware deployment in Malaysia, including approximately 500 Nvidia Blackwell computing systems, equivalent to around 36,000 B200 chips. The initiative, facilitated by Aolani Cloud, is expected to exceed $2.5 billion in costs.

Oracle's data centers are being built with outdated technology, while advancements in AI chips are outpacing construction timelines. OpenAI has decided not to expand its partnership with Oracle in Abilene, Texas, due to a preference for newer Nvidia graphics processing units.

The UK's multibillion-pound AI initiative is reportedly plagued by "phantom investments" and questionable accounting practices. Successive governments have announced significant deals for new datacentres, job creation, and supercomputer development, primarily involving two firms associated with Nvidia.

Nscale has raised $2 billion, achieving a valuation of $14.6 billion, amid the ongoing AI infrastructure boom. The Series C funding round included participation from Nvidia, Aker ASA, and 8090 Industries, among others, and Nscale appointed three new directors to its board, including Sheryl Sandberg.

Nvidia CEO Jensen Huang announced that the company's recent investments in OpenAI and Anthropic will likely be its last, as both companies are expected to go public later this year. Nvidia is currently profiting significantly from its chip sales, which may influence its investment strategy.

Nvidia CEO Jensen Huang stated that the company is unlikely to invest $100 billion in OpenAI, citing the startup's plans to go public by the end of the year. He made these comments during a Morgan Stanley conference in San Francisco.

OpenAI has raised $110 billion in funding, achieving a valuation of $840 billion. This funding round includes $30 billion from SoftBank, $30 billion from NVIDIA, and $50 billion from Amazon, with additional investors potentially joining.

Nvidia CEO Jensen Huang stated that current capital spending on AI infrastructure is appropriate and sustainable. He projected that the build-out of AI infrastructure will continue for the next seven to eight years due to incredibly high demand.