{"id":15532,"date":"2025-03-01T18:53:28","date_gmt":"2025-03-01T18:53:28","guid":{"rendered":"https:\/\/businesstriumphs.com\/index.php\/2025\/03\/01\/tech-5-apple-to-invest-us500-billion-in-american-facilities-openai-launches-gpt-4-5\/"},"modified":"2025-03-01T18:53:28","modified_gmt":"2025-03-01T18:53:28","slug":"tech-5-apple-to-invest-us500-billion-in-american-facilities-openai-launches-gpt-4-5","status":"publish","type":"post","link":"https:\/\/businesstriumphs.com\/index.php\/2025\/03\/01\/tech-5-apple-to-invest-us500-billion-in-american-facilities-openai-launches-gpt-4-5\/","title":{"rendered":"Tech 5: Apple to Invest US$500 Billion in American Facilities, OpenAI Launches GPT-4.5"},"content":{"rendered":"<\/p>\n

Market volatility was on full display this week, beginning with a sharp selloff on Monday (February 24) and exacerbated by a rollout of downbeat economic data, including a weak consumer sentiment report. <\/strong><\/p>\n

Those feelings were echoed in the findings of a Harris Poll conducted for Bloomberg News, which found that nearly 60 percent of US adults expect higher prices in 2025 if President Donald Trump\u2019s policies are enacted. <\/p>\n

Rising US jobless claims and fluctuating Personal Consumption Expenditures price index data on Thursday (February 27), coupled with Friday (February 28) numbers showing US consumer spending fell in January and a tense meeting between Trump and Ukrainian President Volodymyr Zelenskyy, intensified economic concerns. <\/p>\n

The tech and crypto markets felt the impact of this uncertainty, with Bitcoin ultimately dropping below US$78,400 on Thursday night, over 20 percent lower than its price near US$100,000 seen last week.<\/p>\n

All Mag 7 stocks moved down on Tuesday (February 25) after the consumer sentiment report, with Tesla (NASDAQ:TSLA) leading the descent. Its market cap dipped below US$1 trillion after January data from the European Automobile Manufacturers\u2019 Association showed 45 percent fewer Tesla registrations year-on-year. The carmaker ended the week down 13.24 percent. NVIDIA (NASDAQ:NVDA) and Palantir (NASDAQ:PLTR) also lost over 10 percent this week. <\/p>\n

Amid these fluctuating market dynamics, Vinod Khosla, founder of Khosla Ventures, urged attendees at the Information\u2019s AI Agenda Live conference in San Francisco to be selective when looking for artificial intelligence (AI) opportunities. <\/p>\n

\u201cMost investments in AI will lose money, but a few high-return outliers will offset the losses,\u201d he said. \u201cRight now, we\u2019re in the greed cycle of investing because people see the momentum that\u2019s been established in the market caps.\u201d<\/p>\n

With that, here\u2019s a look at other key events that made tech headlines this week.<\/p>\n

\n

1. Spotlight on Cohere and NVIDIA\u2019s AI advances <\/h3>\n

Software startup Cohere is making waves in the international AI market. <\/p>\n

A Monday report from the Information reveals that the Canadian AI company, which develops large language models (LLMs), surpassed US$70 million in annualized revenue, a three-fold increase compared to last year. <\/p>\n

In July 2024, the company was valued at US$5.5 billion. In January, it launched North, an \u201call-in-one secure AI workspace platform\u201d that combines LLMs, advanced search and automation tools to help enterprises enable automation and streamline efficiency. Roughly 25 percent of its revenue growth is reportedly from international markets.<\/p>\n

Such a drastic increase in revenue may not come as a surprise given Cohere\u2019s strong backing by industry heavyweights like Salesforce (NYSE:CRM), Cisco Systems (NASDAQ:CSCO), Advanced Micro Devices (NASDAQ:AMD) and NVIDIA. The company\u2019s professional relationships have been instrumental to its growth. Cohere\u2019s Command R model was integrated into NVIDIA\u2019s API catalog last year. Cohere has also secured a partnership with CoreWeave to build data centers in Canada, with the financial backing of the Canadian government and hardware supplied by NVIDIA.<\/p>\n

NVIDIA itself released its latest quarterly results on Wednesday (February 26), reporting earnings per share of US$0.89, surpassing analysts\u2019 estimates of US$0.85. It is projecting revenue of US$43 billion for the coming quarter.<\/p>\n

Despite a slight dip in share price the day before its results came out, perhaps driven by potential restrictions on sales of its graphic processing units to China, the market reacted positively to NVIDIA\u2019s performance. The company\u2019s share price closed at US$131.28 on Wednesday, climbing to US$135.67 in after-hours trading. NVIDIA closed the week at US$124.92 per share, down 8.52 percent from Monday\u2019s opening price.<\/p>\n<\/div>\n

\n

2. Apple announces US investment and manufacturing plans <\/h3>\n

Apple (NASDAQ:APPL) started the week by announcing a US$500 billion investment in the US over the course of next four years. The company\u2019s commitment includes a new manufacturing academy in Michigan, accelerated research and development efforts and a new 250,000 square foot manufacturing plant in Houston.<\/p>\n

\u201cThe servers that will soon be assembled in Houston play a key role in powering Apple Intelligence, and are the foundation of Private Cloud Compute, which combines powerful AI processing with the most advanced security architecture ever deployed at scale for AI cloud computing,\u201d the company wrote in a press release.<\/p>\n

The center, which the company says will employ 20,000 workers, is slated to begin operations in 2026. <\/p>\n

Trump recently revealed Apple\u2019s intention to shift manufacturing from Mexico to the US after a meeting with CEO Tim Cook, preempting the company\u2019s official announcement.<\/p>\n

\u201cHe\u2019s going to start building,\u201d Trump told governors at the White House on February 21. \u201cVery big numbers \u2014 you have to speak to him. I assume they\u2019re going to announce it at some point.\u201d<\/p>\n

In a separate development, Apple finalized an investment agreement with Indonesia on Thursday, ending a five month deadlock that prevented iPhone 16 sales in the country. The agreement includes the construction of an AirTag manufacturing facility on Batam Island and another plant in Bandung, West Java.<\/p>\n<\/div>\n

\n

3. OpenAI\u2019s GPT-4.5 unveiled alongside BNY Mellon collaboration <\/h3>\n

BNY Mellon, America\u2019s oldest bank, announced a multi-year partnership with OpenAI on Wednesday. <\/p>\n

The agreement will give BNY Mellon access to OpenAI\u2019s advanced AI tools, including Deep Research and its most advanced reasoning models. These tools will enhance BNY Mellon\u2019s internal AI platform, Eliza. OpenAI aims to gain valuable insights into the real-world performance of its models for complex tasks through this collaboration.<\/p>\n

This focus on advanced reasoning models is a key aspect of OpenAI\u2019s broader strategy, even as it explores different facets of AI with its latest release, GPT-4.5, on Thursday. GPT-4.5 is the latest iteration of its language model, ChatGPT. <\/p>\n

GPT-4.5 employs \u201cunsupervised learning,\u201d a type of machine learning where algorithms analyze and find patterns in unlabeled data. According to OpenAI\u2019s CEO Sam Altman, the model exhibits greater emotional intelligence and is less likely to hallucinate than past models. \u201cIt is the first model that feels like talking to a thoughtful person to me,\u201d Altman posted on X on Thursday afternoon following a press release. \u201c(I) have had several moments where I\u2019ve sat back in my chair and been astonished at getting actually good advice from an AI.\u201d<\/p>\n

Altman also explained that the model\u2019s size and complexity demand substantial computational resources, delaying the release of the \u2018plus\u2019 tier until after \u201ctens of thousands of GPUs\u201d are added next week.<\/p>\n

In addition, he clarified that GPT-4.5 is not a reasoning model and \u201cwon\u2019t crush any benchmarks. (I)t\u2019s a different kind of intelligence and there\u2019s a magic to it (I) haven\u2019t felt before.\u201d In essence, GPT-4.5 represents advancement towards more intuitive AI capable of adaptable, meaningful and natural conversations.<\/p>\n<\/div>\n

\n

4. CoreWeave eyes US$35 billion valuation in upcoming IPO <\/h3>\n

Cloud computing provider CoreWeave is reportedly considering an initial public offering (IPO) in the US. The official announcement could come within a week, according to sources for Bloomberg, who said the details of the plan are still being decided. Company representatives did not respond to Bloomberg\u2019s request for a statement. <\/p>\n

Bloomberg also reported on rumors of a CoreWeave IPO in November, with sources at the time saying executives had chosen prominent investors Morgan Stanley (NYSE:MS), Goldman Sachs (NYSE:GS) and JPMorgan Chase (NYSE:JPM) to lead. The company secured US$23 billion from Cisco Systems in October 2024. <\/p>\n

CoreWeave is now seeking US$4 billion, targeting a valuation of at least US$35 billion. <\/p>\n<\/div>\n

\n

5. Reports show Meta to build new AI data center <\/h3>\n

Meta Platforms (NASDAQ:META) is reportedly in talks to build a new data center campus to power its ambitious AI projects, valued at approximately US$200 billion. Sources familiar with the matter revealed to the Information that Meta executives are actively exploring potential sites in Louisiana, Wyoming and Texas.<\/p>\n

However, a Meta spokesperson refuted these reports, reasserting the company\u2019s previously disclosed capital expenditure and data center plans, confirming that those plans have been finalized. <\/p>\n

In related news, CNBC reported on Thursday that Meta is preparing to launch a standalone app dedicated to its chatbot, Meta AI. This move would allow users to engage with and use the AI chatbot on a separate platform from the company\u2019s other social media and messaging apps.<\/p>\n<\/div>\n

<\/strong><\/p>\n

<\/span><\/strong>Securities Disclosure: I, Meagen Seatter, hold no direct investment interest in any company mentioned in this article.<\/strong><\/p>\n<\/p>\n

This post appeared first on investingnews.com<\/div>\n","protected":false},"excerpt":{"rendered":"

Market volatility was on full display this week, beginning with a sharp selloff on Monday (February 24) and exacerbated by a rollout of downbeat economic data, including a weak consumer sentiment report. Those feelings were echoed in the findings of a Harris Poll conducted for Bloomberg News, which found that nearly 60 percent of US […]<\/p>\n","protected":false},"author":0,"featured_media":15533,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[],"class_list":["post-15532","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-investing"],"_links":{"self":[{"href":"https:\/\/businesstriumphs.com\/index.php\/wp-json\/wp\/v2\/posts\/15532","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/businesstriumphs.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/businesstriumphs.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/businesstriumphs.com\/index.php\/wp-json\/wp\/v2\/comments?post=15532"}],"version-history":[{"count":0,"href":"https:\/\/businesstriumphs.com\/index.php\/wp-json\/wp\/v2\/posts\/15532\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businesstriumphs.com\/index.php\/wp-json\/wp\/v2\/media\/15533"}],"wp:attachment":[{"href":"https:\/\/businesstriumphs.com\/index.php\/wp-json\/wp\/v2\/media?parent=15532"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstriumphs.com\/index.php\/wp-json\/wp\/v2\/categories?post=15532"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstriumphs.com\/index.php\/wp-json\/wp\/v2\/tags?post=15532"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}