Microsoft has signed a $9.7 billion, five-year contract with IREN to access AI cloud infrastructure powered by Nvidia's GB300 GPUs at a Texas facility supporting 750 megawatts of capacity. The deal is part of Microsoft's...
Nvidia became the first public company to reach a $5 trillion market capitalization, driven by surging demand for its GPUs used in AI applications. The company expects $500 billion in AI chip sales and is building seven...
OpenAI is currently generating approximately $13 billion in annual revenue, primarily from its ChatGPT service which has 800 million users but only 5% paid subscribers. The company has committed to spending over $1 trill...
OpenAI announced a partnership with Broadcom to develop 10 gigawatts of custom AI accelerator hardware to be deployed between 2026 and 2029, potentially costing $350-500 billion. This follows recent major infrastructure...
OpenAI has announced unprecedented deals with AMD and Nvidia worth hundreds of billions of dollars to acquire AI infrastructure, including an unusual arrangement where AMD grants OpenAI up to 10% equity in exchange for u...
AMD has signed a major multi-year deal with OpenAI to supply 6 gigawatts of compute capacity using its Instinct GPU series, potentially worth tens of billions of dollars. The agreement includes an option for OpenAI to ac...
OpenAI has signed agreements with Samsung Electronics and SK Hynix to produce high-bandwidth memory DRAM chips for its Stargate AI infrastructure project, scaling to 900,000 chips monthly—more than double current industr...
OpenAI announced plans to build five new AI data centers across the United States through partnerships with Oracle and SoftBank as part of its Stargate project. The expansion will bring total planned capacity to seven gi...
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...
Nvidia announced plans to invest up to $100 billion in OpenAI to build massive AI data centers with 10 gigawatts of computing power. The partnership aims to reduce OpenAI's reliance on Microsoft while accelerating infras...
