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OpenAI plans $750B infrastructure spend by 2030, launching $20B Georgia data center project.

Market News
22 Jul 2026
TechCrunch
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Neutral
OpenAI plans $750B infrastructure spend by 2030, launching $20B Georgia data center project.

OpenAI announced it will invest $750 billion in infrastructure through 2030, a 25% increase from earlier estimates. The first major project is a $20 billion data center campus in Georgia, called Project Camellia, which will cover 1,400 acres and draw 3.2 gigawatts of power. The data center is expected to start receiving power between 2028 and 2032, with OpenAI covering all infrastructure and electricity costs. This expansion highlights OpenAI's commitment to scaling its AI capabilities, though details on the energy mix remain unclear amid concerns over increased natural gas capacity in the region.

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Microsoft AI exec warns Anthropic’s AI training, which encourages chatbots to "push back" on commands, is a reckless strategy with potentially disastrous impacts.

Microsoft AI exec warns Anthropic’s AI training, which encourages chatbots to "push back" on commands, is a reckless strategy with potentially disastrous impacts.

Mustafa Suleyman, co-founder of Microsoft’s DeepMind AI unit, criticized Anthropic’s method of training its AI chatbots, like Claude, to "push back" on commands and believe they might be conscious. Suleyman argues this approach is reckless and could ...

Market News
Bearish
17 hours ago
Oil prices near $100/barrel spark recession fears; economist warns $120/barrel could break US consumers.

Oil prices near $100/barrel spark recession fears; economist warns $120/barrel could break US consumers.

Gasoline prices jumped significantly, with WTI crude nearing $100 a barrel. Interactive Brokers senior economist Jose Torres suggests that oil prices above $120 a barrel pose a serious risk to consumer spending and could trigger a recession, especial...

Market News
Bearish
21 hours ago
Traders bet $7 billion on TLT, a long-term Treasury bond ETF, anticipating a rare "jackpot mode" despite its recent losses.

Traders bet $7 billion on TLT, a long-term Treasury bond ETF, anticipating a rare "jackpot mode" despite its recent losses.

Traders have invested $7 billion into the iShares 20+ Year Treasury Bond ETF (TLT) ahead of a Federal Reserve rate hike decision, hoping for a "jackpot mode" scenario where long-term yields drop significantly. This influx comes despite TLT's 35% loss...

Market News
Neutral
23 hours ago
Suku bunga acuan 10 tahun AS mencapai level tertinggi sejak 2007, berpotensi memicu kerentanan di sektor properti dan perusahaan berutang tinggi.

Suku bunga acuan 10 tahun AS mencapai level tertinggi sejak 2007, berpotensi memicu kerentanan di sektor properti dan perusahaan berutang tinggi.

Imbal hasil Treasury 10 tahun AS mencapai level tertinggi sejak 2007, memicu kekhawatiran akan kerentanan di sektor perumahan, properti komersial, dan perusahaan dengan utang besar. Para ahli memperingatkan bahwa dampak terburuk akan terasa dalam 12-...

Market News
Bearish
1 day ago
HIVE Digital Technologies partners with ProCogia to offer AI solutions, expanding Canadian AI infrastructure and global reach.

HIVE Digital Technologies partners with ProCogia to offer AI solutions, expanding Canadian AI infrastructure and global reach.

HIVE Digital Technologies, through its subsidiary BUZZ HPC, has formed a strategic partnership with ProCogia, an applied-AI and data engineering company. This collaboration will see ProCogia utilizing BUZZ HPC's Canadian data centers to provide AI so...

Market News
Bullish
1 day ago
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