@Zalotie 2 months ago
Amazon discussing $10B OpenAI investment, list of massive AI infrastructure deals
Amazon discussing $10B OpenAI investment, list of massive AI infrastructure deals
Amazon is reportedly in talks to invest $10 billion in OpenAI, a deal that could value the AI company at over $500 billion. The article lists a huge number of recent capital injections into AI infrastructure.
Here are the main takeaways:
* Disney is investing $1 billion in OpenAI to use Star Wars and Marvel IP in the Sora video generator.
* Nvidia is looking to invest up to $100 billion in OpenAI and separately take a 4% stake in Intel.
* Oracle has signed a $300 billion cloud computing deal with OpenAI.
* SoftBank, OpenAI, and Oracle are partnering on a $500 billion data center project called Stargate.
* Meta and Google are spending tens of billions on deals with CoreWeave and building new data centers in Texas.
The scramble for computing power and chips seems to be accelerating across the board.
finance.yahoo.com
| Factbox-From OpenAI to Google, firms channel billions into AI infrastructure as demand booms