Plus: OpenAI weighs pre-IPO round at $1.2 trillion; Emerald AI, Google, and NVIDIA form data center power alliance
Welcome back—grab your coffee, because today's headlines move fast and think big.
POLICY
🏛️ Trump says AI needs a strong president, not guardrails
President Donald Trump said Monday that the only guardrails needed for artificial intelligence are a strong and smart president. Trump wrote on Truth Social that the administration has stopped AI people from doing bad things, including Dario Amodei of Anthropic.
The details:
Trump stated that there is a sick conspiracy against AI and Data Centers and that only China is happy about it.
Anthropic CEO Dario Amodei called for AI companies to deliberately slow development of powerful models to allow time for safety research.
Amodei warned that AI systems are becoming capable of helping develop advanced AI, risking self-improving systems outpacing human control.
OpenAI is reportedly weighing a funding round at a $1.2 trillion valuation before going public. The ChatGPT maker raised $122 billion at $852 billion in March.
The details:
OpenAI filed confidentially for its IPO in June.
The decision to proceed with this new funding round would depend on when OpenAI chooses to go public.
The talks were initiated by investors, not the company.
⚡ Emerald AI, Google, and NVIDIA form data center power alliance
Image source: blogs.nvidia.com
Emerald AI, Google, and NVIDIA launched the AI Energy Management Alliance (AEMA). AEMA is a coalition advancing data centers that can dynamically manage their electricity use in response to grid conditions.
The details:
The founding members are joined by 18 launch partners spanning AI, semiconductors, utilities, energy infrastructure, and grid software.
Emerald AI recently announced a $150 million Series A at a $1.05 billion valuation.
Frank Lacey has been named Executive Director of AEMA.
