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From OpenAI to Nvidia, here’s a list of recent multibillion-dollar AI deals

By ReutersFast Company

Nvidia has agreed to license technology from AI startup Groq for use in some of its artificial intelligence chips, marking the chipmaker’s largest deal and underscoring its push to strengthen competitiveness amid surging demand. Here is a list of multi-billion-dollar AI, cloud and chip deals signed recently: OPENAI DEALS Amazon and Open AI Amazon is considering an investment of around $10 billion in OpenAI , though talks remain “very fluid,” according to a source who requested anonymity due to the private nature of their talks. Disney and Open AI Walt Disney to invest $1 billion in OpenAI and will let the ChatGPT-parent use characters from Star Wars, Pixar and Marvel franchises in its Sora AI video generator – a move that could transform Hollywood content creation. As part of the three-year licensing agreement, Sora and ChatGPT Images will begin generating videos featuring licensed Disney characters such as Mickey Mouse, Cinderella, and Mufasa early next year. The deal excludes any talent likeness or voices. Broadcom and Open AI OpenAI has partnered with Broadcom to produce its first in-house artificial intelligence processors, the latest tie-up for the world’s most valuable startup for computing power amid surging demand for its services. AMD and Open AI AMD agreed to supply artificial intelligence chips to OpenAI in a multi-year deal that would also give the ChatGPT creator the option to buy up to roughly 10% of the chipmaker. Nvidia and Open AI Nvidia is set to invest up to $100 billion in OpenAI and supply it with data center chips, in a deal giving the chipmaker a financial stake in OpenAI. OpenAI is already an important customer for Nvidia. Oracle and Open AI Oracle is reported to have signed one of the biggest cloud deals ever with OpenAI, under which the ChatGPT maker is expected to buy $300 billion in computing power from the company for about five years. CoreWeave and Open AI CoreWeave signed a five-year contract worth $11.9 billion with OpenAI in March, before the Nvidia-backed startup’s IPO. Stargate Datacenter Project Stargate is a joint venture between SoftBank, OpenAI and Oracle to build data centers. The project was announced in January by U.S. President Donald Trump, who said that the companies would invest up to $500 billion to fund infrastructure for artificial intelligence. META DEALS Meta and CoreWeave CoreWeave has signed a $14 billion agreement with Meta to supply computing power to the Facebook parent. Meta and Oracle 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. Meta and Google Google struck a six-year cloud computing deal with Meta Platforms worth more than $10 billion, Reuters had reported in August. Meta and Scale AI Meta took a 49% stake for about $14.3 billion in Scale AI and brought in its 28-year-old CEO, Alexandr Wang, to play a prominent role in the tech giant’s artificial intelligence strategy. NVIDIA DEALS Nvidia and Groq Nvidia has...

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From OpenAI to Nvidia, here’s a list of recent multibillion-dollar AI deals | Read on Kindle | LibSpace