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ChatGPT subscription costs could potentially double in the coming years
OpenAI plans to raise the price of its ChatGPT Plus subscription, starting from $20 per month to $22 by the end of the year, with projections to reach $44 over the next five years. This pricing strategy has significant implications for its extensive user base.
Microsoft and BlackRock join forces for $30 billion AI infrastructure fund
The newly announced Global AI Infrastructure Investment Partnership between Microsoft, BlackRock, and MGX aims to address the increasing demand for AI-related infrastructure. With a focus on data centers and energy projects, the initiative is set to mobilize around $100 billion in total investments, primarily within the U.S., to enhance AI supply chains.
Nvidia and other investors back applied digital with $160 million in funding
The $160 million funding round for Applied Digital, led by Nvidia and other key investors, will fuel the company’s growth in data centers and AI cloud-computing services. This investment will bolster the company’s operations, including major projects like its North Dakota data center and expansion in AI infrastructure.
National Accounting Firm secures investment from Boston-based private equity firm
A leading national accounting firm has received backing from a Boston-based private equity firm, aiming to fuel expansion, enhance services, and strengthen its market position.
Morgan Stanley predicts 60% return potential for investors in leading oil stock
Morgan Stanley forecasts a 60% return on a top oil stock, driven by strong fundamentals and market dynamics. The bank highlights the stock's strategic position in the energy sector.
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