"Nvidia is set to invest up to $100 billion in OpenAI and supply it with data center chips, in a deal that gives the chipmaker a financial stake in the world's most prominent AI company, which is already an important customer. Investments in systems powering AI have surged since OpenAI launched ChatGPT in 2022, on expectations that companies across sectors will integrate the technology into their products and services."
"Here is a list of multi-billion dollar AI, cloud and chip deals signed recently: Nvidia and Intel Nvidia will invest $5 billion in Intel, giving it roughly 4% of the company after new shares are issued. Oracle and Meta Oracle is in talks with Meta for a multi-year cloud computing deal worth about $20 billion, underscoring the social media giant's drive to secure faster access to computing power."
Nvidia will invest up to $100 billion in OpenAI and supply data center chips, giving the chipmaker a financial stake in OpenAI while serving an existing key customer. Investments in AI infrastructure surged after ChatGPT's 2022 launch as companies expect widespread integration of AI across sectors. Multiple multi-billion dollar deals across AI, cloud and chips were recently signed, reflecting growing demand for compute and GPU capacity. Nvidia agreed to invest $5 billion in Intel for roughly a 4% stake after new shares are issued. Oracle is in talks with Meta for a multi-year cloud deal worth about $20 billion and reportedly signed a very large cloud computing arrangement with OpenAI. Other major deals include CoreWeave, Nebius Group, Google-Meta, SoftBank's investment in Intel, and Tesla's $16.5 billion chip sourcing agreement with Samsung.
Read at Fast Company
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