Democrats won control of Congress in the November 3 midterms as voter hostility toward AI infrastructure intensified, and millions spent by both sides of the AI regulation fight produced mixed results.
OpenAI has reportedly secured $11 billion in a new funding round valuing the AI lab at $1.25 trillion, Bloomberg reported Friday citing people familiar.
Bernstein analyst Mark Moerdler estimates that the infrastructure spending corresponding to OpenAI's disclosed compute cooperation agreements could cumulatively reach $614 billion by 2030, equivalent to about RMB 4.11 trillion.
The report also provides a ranking of enterprise open-source model spending shares, with Moonshot AI's Kimi, DeepSeek, and Zhipu's GLM occupying the top three positions.