OpenAI Enlists Google Cloud for Computing Capacity in Partnership of AI Rivals, Report Says
1. OpenAI secures more computing capacity from Google amidst AI competition. 2. Google's cloud services will support ChatGPT model training. 3. Selling capacity to OpenAI may reduce Google's own resources. 4. Google's CFO noted cloud demand exceeds supply. 5. Alphabet's stock rose 2% but is down 5% YTD.