OpenAI’s $100 Billion Data Center Plan Hits a Wall

Pivot 5
May 13, 2025

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Perplexity AI's Valuation Soars to $14 Billion Amid New Funding

Perplexity AI is finalizing a $500 million funding round led by venture capital firm Accel, elevating its valuation to $14 billion. This marks a significant increase from its previous valuation of $9 billion in December 2024.
The San Francisco-based startup offers an AI-powered search tool that provides summarized answers with direct links to source websites, positioning itself as a challenger to traditional search engines like Google. Plans are underway to launch its own web browser, Comet, further intensifying competition in the search engine market.
Perplexity's rapid growth and innovative approach have attracted significant investor interest, including backing from Nvidia and tech figures like Jeff Bezos. However, the company faces legal challenges from news organizations over unauthorized use of content, highlighting the complexities of AI-driven information aggregation.

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OpenAI and SoftBank's $100 billion Stargate project stalls amid financing delays and tariff concerns. Despite initial momentum, no firm commitments have been secured from major financial institutions.
New U.S. tariffs could increase data center construction costs by 5% to 15%, deterring potential investors. SoftBank has yet to finalize a financing blueprint or commence detailed negotiations with banks.
While the broader project faces hurdles, Oracle-led development in Abilene, Texas, continues, with OpenAI CEO Sam Altman confirming progress. However, the overall initiative's future remains uncertain due to economic and geopolitical challenges.

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Threat actors have launched fake AI tools to distribute the malware. These tools are promoted through convincing AI-themed platforms and social media campaigns.
Victims are tricked into downloading a ZIP archive containing a deceptive executable that installs the malware. This malware harvests browser credentials, cryptocurrency wallet information, and other sensitive data.
The developer is believed to be based in Vietnam, highlighting the global nature of cyber threats. The campaign underscores the need for heightened vigilance against sophisticated social engineering tactics.

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Healthcare providers are deploying AI phone assistants to autonomously manage patient appointment scheduling. These systems handle over 70% of inbound calls, reducing missed connections and improving operational efficiency.
AI assistants personalize interactions by recognizing patient preferences, such as preferred appointment times and languages. They can also predict no-shows and proactively engage patients to confirm or reschedule appointments.
The integration of AI in administrative tasks frees up healthcare staff to focus on more complex responsibilities, enhancing overall patient care. This shift addresses longstanding inefficiencies in healthcare communication and scheduling.

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Mark Zuckerberg advocates for AI companions as a solution to social isolation, suggesting that AI chatbots can fulfill emotional and social needs. He believes that personalized AI interactions will become increasingly compelling as they learn more about users.
Critics argue that AI cannot replicate genuine human relationships, emphasizing that while AI can simulate conversation, it lacks the depth, empathy, and mutual understanding found in real friendships. Experts caution that relying on AI for companionship may exacerbate feelings of loneliness and undermine the essential human need for authentic social bonds.
The debate highlights a growing concern over the ethical implications of substituting human interaction with AI, questioning whether technological advancements should replace or merely supplement real-life connections. As AI becomes more integrated into daily life, the importance of preserving genuine human relationships remains a critical consideration.

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