Companies channel billions into AI infrastructure as demand booms

Nvidia has agreed to license technology from Al 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.

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Here is a list of multi-billion-dollar Al, cloud and chip deals signed recently:

Amazon is considering an investment of around $IO billion in OpenAl, though talks remain “very fluid,” according to a source who requested anonymity due to the private nature of their talks.

Walt Disney to invest $1 billion in OpenAl and will let the ChatGPT-parent use characters from Star Wars, Pixar and Marvel franchises in its Sora Al 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.

OpenAl 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.

I AMD agreed to supply artificial intelligence chips to OpenAl in a multiyear deal that would also give the ChatGPT creator the option to buy up to roughly 10% of the chipmaker.