Amazon has announced a $13 billion investment to expand its cloud and AI infrastructure in India through 2030, bringing its total commitment in the country to $48 billion. This move aligns with a broader trend of global...
AI chipmaker Groq has secured a new $650 million funding round to expand its AI inference cloud business and hire new executive leadership. This raise follows a massive $20 billion "not-acqui-hire" deal with Nvidia, whic...
Microsoft CEO Satya Nadella confirmed that under the revised OpenAI partnership, Microsoft retains royalty-free access to OpenAI's models and IP through 2032, while no longer paying for them. Microsoft reported its AI bu...
Meta has signed a deal with AWS to use millions of Amazon's homegrown Graviton ARM-based CPUs for AI workloads, particularly for inference and AI agent tasks. This marks a shift from GPU-dominated training workloads to C...
Amazon has invested an additional $5 billion in Anthropic, bringing its total investment to $13 billion, while Anthropic commits to spending over $100 billion on AWS cloud services over the next decade. The deal centers...
Amazon is reportedly in early discussions to invest up to $10 billion in OpenAI, potentially valuing the AI lab at over $500 billion. The deal would involve OpenAI using Amazon's AI chips and cloud infrastructure, markin...
Amazon Web Services launched Trainium3, its third-generation AI training chip built on 3nm process technology, offering 4x performance improvement and 40% better energy efficiency compared to previous generation. The com...
OpenAI has reached a $38 billion deal with Amazon Web Services to purchase cloud computing services over seven years, with capacity targeted for deployment by end of 2026. This agreement follows OpenAI's recent restructu...
The AI boom is driving unprecedented infrastructure spending, with Nvidia's CEO estimating $3-4 trillion will be spent by decade's end. Major deals include Microsoft's $14 billion investment in OpenAI, Oracle's $300 bill...
OpenAI and Oracle announced a surprising $300 billion, five-year agreement for AI infrastructure, sending Oracle's stock soaring. The deal represents OpenAI's strategy to build comprehensive global AI supercomputing capa...
