Elon Musk’s AI startup xAI is reportedly raising up to $20 billion, with Nvidia committing as much as $2 billion in equity. A significant portion of the funding is tied directly to acquisition of Nvidia GPUs.
IBM has partnered with Anthropic to integrate Claude into its enterprise software suite, launching a new AI-first IDE designed to automate development with built-in governance and security.
OpenAI’s computing agreements have now surpassed $1 trillion, spanning deals with AMD, Nvidia, Oracle, and more – a milestone that underscores the capital intensity driving AI infrastructure expansion.
OpenAI has entered into a strategic agreement with AMD to supply high-performance AI chips, diversify its hardware sources, and build next-gen compute capacity.
Microsoft has committed $33 billion to neocloud partnerships, including a $19.4B deal with Nebius, to secure GPU capacity and avoid looming AI infrastructure bottlenecks.
OpenAI and Databricks have forged a multiyear $100 million partnership to embed powerful AI agents into enterprise data platforms, enabling organizations to build agents using their own data.