AI, AMD and NVIDIA
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The pace and scale of artificial intelligence deals lately has been staggering, with ChatGPT-maker OpenAI alone racking up around $1 trillion-worth of AI deals this year. These interconnected investments have dramatically lifted the valuations of many of the companies involved and sent U.
The two companies now have a partnership to build massive data centers for artificial intelligence (AI) computing.
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Group including Nvidia, BlackRock buying Aligned Data Centers in deal worth about $40 billion
A group including BlackRock, Nvidia and Microsoft is buying Aligned Data Centers in an approximately $40 billion deal in an effort to expand next-generation cloud and artificial intelligence infrastructure.
HSBC analyst Frank Lee said in a research note that he expects the market for Nvidia's AI chips to keep growing beyond its Big Tech customers, pointing to OpenAI-backed Stargate projects in the US and abroad, as well as OpenAI's ( OPAI.PVT) recent deal with Nvidia, which he sees cumulatively creating up to $400 billion in revenue for the chipmaker.
Broadcom AI innovation with OpenAI partnership and new networking chip Thor Ultra competes against Nvidia chips and AMD accelerators and network innovation.
Nvidia (NASDAQ:NVDA) has been really making a lot of big-league deals in AI that have captured the attention of Wall Street of late. Undoubtedly, the Nvidia-OpenAI investment and partnership is the big one that’s sparked significant excitement as well as a considerable amount of skepticism by some who think that AI deals are getting a
One example of AI factories coming to pass is the British government's goal to expand the country's AI computing infrastructure by 20 times over the next five years. To that end, the U.K. partnered with OpenAI, and in turn, OpenAI enlisted Nvidia to provide as much as 31,000 AI chips.
The deal opens the door for OpenAI to own a 10% stake in AMD. However, CEO Sam Altman says his company is still committed to buying GPUs from longtime partner Nvidia.
On Monday, OpenAI and Nvidia jointly announced a letter of intent for a strategic partnership to deploy at least 10 gigawatts of Nvidia systems for OpenAI's AI infrastructure, with Nvidia planning to invest up to $100 billion as the systems roll out.
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Jensen Huang name-checks 6 AI companies — and says 100% of Nvidia engineers use one of them
Six AI startups are part of Jensen Huang's future vision for human-agentic AI workforces.