OpenAI has not completed raising about $18 billion in initial funding for a custom artificial intelligence chip project it is pursuing with Broadcom, a report said. The shortfall has emerged early in OpenAI’s in-house chip strategy aimed at reducing reliance on Nvidia. The project is part of a multi-year plan to build 10 gigawatts of AI accelerator infrastructure. Rising costs and slower capital formation are also pressuring partners and raising investor scrutiny.

As AI spreads rapidly across daily life and business, the need for energy-efficient and environmentally sustainable AI data centres is growing. IDC forecasts 22 percent annual growth in the Asia-Pacific data centre market excluding Japan from 2024 to 2029, driven by surging AI, cloud and digital services demand. Vertiv’s latest report highlights five trends: advanced power infrastructure, more distributed AI, faster energy strategies including on-site generation, wider use of digital twins and evolving adaptive liquid cooling.