The tech industry is moving forward investments to build energy-hungry AI infrastructure, despite bubble concerns.

Anthropic rival OpenAI has secured more than $1.4 trillion worth of deals with Nvidia, Broadcom, Oracle, and the major cloud providers.

The company anticipates burning through roughly $9 billion this year on $13 billion in sales, a cash burn rate of approximately 70% of revenue.

The tech industry is moving forward investments to build energy-hungry AI infrastructure, despite bubble concerns.