(Reuters) -Alphabet’s Google unit will invest $40 billion over the next two years to build three new data centers in Texas, joining peers spending aggressively to build infrastructure to support the rise of artificial intelligence applications.
The investments reflect how the global technology industry is rapidly expanding its computing and energy capacity to power the next generation of artificial intelligence tools and services.
Here is a list of recently signed multi-billion dollar AI, cloud and chip deals:
NVIDIA BACKED GROUP AND ALIGNED DATA CENTERS
A group of investors including BlackRock, Microsoft and Nvidia is buying US-based Aligned Data Centers, one of the world’s largest data center operators with nearly 80 facilities, in a deal worth $40 billion.
GOOGLE AND TEXAS
Google will invest $40 billion in three new data centers in Texas through 2027. One of the data centers will be in Armstrong County, on the Texas panhandle, and the other two in Haskell County, a stretch of West Texas near Abilene.
The company also continues to invest in its existing Midlothian campus and Dallas cloud region, part of the company’s global network of 42 cloud regions.
BROADCOM AND OPEAI
OpenAI has partnered with Broadcom to produce its first in-house AI processors, the latest alliance for the world’s most valuable startup in computing power amid growing demand for its services.
AMD AND OPEAI
AMD agreed to supply AI chips to OpenAI in a multi-year deal that would also give the ChatGPT creator the option to buy up to about 10% of the chipmaker.
NVIDIA AND OPEAI
Nvidia will invest up to $100 billion in OpenAI and supply it with chips for data centers, in a deal that gives the chipmaker a financial stake in OpenAI. OpenAI is already a major customer for Nvidia.
META AND COREWEAVE
CoreWeave has signed a $14 billion deal with Meta to supply computing power to Facebook’s parent company.
NVIDIA AND INTEL
Nvidia will invest $5 billion in Intel, giving it about 4% of the company after new shares are issued.
ORACLE AND GOAL
Oracle is in talks with Meta for a multi-year cloud computing deal worth about $20 billion, underscoring the social media giant’s push to ensure faster access to computing power.
ORACLE AND OPENAI
Oracle has reportedly signed one of the largest cloud deals in history with OpenAI, under which the ChatGPT maker is expected to purchase $300 billion in computing power from the company over about five years.
COREWEAVE AND NVIDIA
CoreWeave signed an initial $6.3 billion order with its backer Nvidia, a deal that ensures the AI chipmaker will buy any cloud capacity not sold to customers.