April 9 - CoreWeave said on Thursday it had expanded an agreement to provide Meta Platforms with $21 billion in cloud capacity as the social media company scales out infrastructure to meet growing demands from complex artificial intelligence workloads. The widening roster of deals highlights how major cloud users, chipmakers and specialized infrastructure providers are committing enormous sums to ensure access to compute.
Summary of recent multibillion-dollar AI, cloud and chip transactions
The deals documented below cover arrangements involving OpenAI, Meta, Nvidia, Google, and several other industrial and financial partners. They include equity investments, licensing and content deals, multi-year chip supply pacts, long-term cloud purchase commitments, acquisitions of startups, and joint ventures to build dedicated AI data centers.
OPENAI-RELATED ARRANGEMENTS
- Amazon and OpenAI - Amazon is reported to be considering an investment of around $10 billion in OpenAI, although talks are described as very fluid.
- Disney and OpenAI - Walt Disney will invest $1 billion in OpenAI and will permit the ChatGPT-parent to use characters from Star Wars, Pixar and Marvel franchises in its Sora AI video generator. Under 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 arrangement excludes any talent likeness or voices.
- Broadcom and OpenAI - OpenAI has partnered with Broadcom to produce its first in-house artificial intelligence processors, marking another collaboration as the startup seeks more computing power for expanded services.
- AMD and OpenAI - AMD agreed to supply AI chips to OpenAI under a multi-year deal that also gives OpenAI the option to acquire up to roughly 10% of the chipmaker.
- Nvidia and OpenAI - Nvidia is set to invest up to $100 billion in OpenAI and to supply the company with data-center chips, creating a financial stake for the chipmaker in the AI startup. OpenAI is already an important Nvidia customer.
- Oracle and OpenAI - Oracle is reported to have signed one of the largest cloud deals on record with OpenAI, under which the ChatGPT maker is expected to buy $300 billion in computing power from Oracle over about five years.
- CoreWeave and OpenAI - CoreWeave signed a five-year contract worth $11.9 billion with OpenAI in March, before the startup's IPO.
- Stargate data center project - Stargate is described as a joint venture between SoftBank, OpenAI and Oracle to build data centers. The project was announced in January and participants said they would invest up to $500 billion to fund AI infrastructure.
META-FOCUSED TRANSACTIONS
- Meta and AMD - AMD will sell up to $60 billion worth of AI chips to Meta, with an option for Meta to purchase as much as 10% of AMD. The supply commitment includes six gigawatts' worth of chips over time, beginning with one gigawatt of AMD's forthcoming MI450 flagship hardware in the second half of this year. Meta also plans to buy central processors, including a customized variant for the social media platform's needs.
- Meta and Manus - Meta is acquiring Chinese startup Manus as part of CEO Mark Zuckerberg's effort to integrate agentic AI tools into consumer platforms including Facebook, Instagram and WhatsApp. The deal is valued at $2 billion to $3 billion, according to a source, though financial terms were not disclosed publicly.
- Meta and CoreWeave - CoreWeave originally signed a $14 billion agreement to supply computing power to Meta and has now signed an expanded $21 billion deal, building on the agreement struck in September.
- Meta and Oracle - Oracle is in talks with Meta for a multi-year cloud computing arrangement worth about $20 billion to secure faster access to compute for the social media firm.
- Meta and Google - Google previously signed a six-year cloud computing deal with Meta worth more than $10 billion.
- Meta and Scale AI - Meta took a 49% stake in Scale AI for about $14.3 billion and brought in Scale's CEO, Alexandr Wang, to play a prominent role in Meta's AI strategy.
NVIDIA AND RELATED TRANSACTIONS
- Nvidia and Groq - Nvidia has agreed to license chip technology from Groq and to hire its CEO Jonathan Ross, along with other engineers, and media reports said Nvidia had agreed to acquire Groq's assets for $20 billion.
- Nvidia, Lumentum and Coherent - Nvidia will invest $2 billion each in photonic-product makers Lumentum and Coherent to support their U.S. research, development and manufacturing operations.
- Microsoft, Nvidia and Anthropic - Microsoft will invest up to $5 billion and Nvidia up to $10 billion in Anthropic. Anthropic has pledged $30 billion to run workloads on Microsoft's cloud and will commit up to 1 gigawatt of compute, powered by Nvidia's advanced Grace Blackwell and Vera Rubin hardware. The arrangement includes collaboration between Anthropic and Nvidia to improve chips and AI models for performance.
- Nvidia-backed investor group and Aligned Data Centers - An investor group including BlackRock, Microsoft and Nvidia is buying Aligned Data Centers, a U.S.-based operator with nearly 80 facilities, in a deal valued at $40 billion.
- Nvidia and Intel - Nvidia will invest $5 billion in Intel, acquiring roughly 4% of the company after new shares are issued.
- CoreWeave and Nvidia - CoreWeave signed a $6.3 billion initial order with Nvidia. That agreement guarantees that Nvidia will purchase any cloud capacity CoreWeave does not sell to customers.
GOOGLE'S INFRASTRUCTURE MOVES
- Google and Texas - Google will invest $40 billion in three new data centers in Texas through 2027. One facility will be in Armstrong County in the Texas Panhandle, and two will be in Haskell County near Abilene. The company will also continue investing in its Midlothian campus and Dallas cloud region as part of a global network of 42 cloud regions.
- Google and Windsurf - Google hired several key staff from AI code-generation startup Windsurf and will pay $2.4 billion in license fees as part of a deal to use some of Windsurf's technology under non-exclusive terms.
OTHER NOTABLE TRANSACTIONS
- Nebius Group and Microsoft - Nebius Group will provide Microsoft with GPU infrastructure capacity in a deal worth $17.4 billion over five years.
- Intel and SoftBank Group - SoftBank Group is providing Intel with a $2 billion capital injection, a move that makes the Japanese investor one of the top-10 shareholders in the U.S. chipmaker.
- Tesla and Samsung - Tesla signed a $16.5 billion deal to source chips from Samsung Electronics. Tesla's CEO said the South Korean firm's new chip factory in Texas would produce Tesla's next-generation AI6 chip.
- Amazon and Anthropic - Amazon invested $4 billion in Anthropic, doubling its investment in the company, which is known for its GenAI chatbot Claude.
- SoftBank and DigitalBridge - SoftBank Group will acquire digital infrastructure investor DigitalBridge Group in a transaction valued at $4 billion as SoftBank looks to expand its AI-related portfolio.
Context and themes
The collection of deals highlights several recurring dynamics in the current technology landscape: firms are securing long-term compute and chip supply through multi-year contracts and equity stakes; hyperscalers and cloud providers are locking in capacity via large purchases; chipmakers are forming strategic relationships that include both supply agreements and equity investments; and media-and-content firms are licensing intellectual property for AI-driven content creation. Joint ventures and data-center investments are also prominent as participants seek physical infrastructure to host the sizable compute loads that advanced AI models require.
Commercial and market implications
These agreements represent commitments by corporate buyers and investors to dedicate significant capital to AI compute and associated infrastructure. The transactions touch multiple sectors: semiconductors and chip design, cloud services and data-center operations, software and AI model providers, and media/content licensing. They also span both hardware commitments - such as chip purchases measured in gigawatts or dollar values - and platform or service commitments, such as multi-year cloud capacity purchases.
Investment and market tools mention
The original reporting also references investor-focused research tools in a promotional style: a question is posed about whether investors should be buying INTC right now, followed by a description of ProPicks AI, which evaluates INTC alongside thousands of other companies each month using more than 100 financial metrics and claims to identify stocks with favorable risk-reward profiles based on current data.
Reporting in this piece lists transactions and commitments as provided; it does not attempt to assess future market outcomes or to infer causes beyond the information disclosed in the described agreements.