OpenAI, Nvidia, and other major AI companies are investing billions of dollars into AI infrastructure to meet surging demand.

Nvidia has agreed to license technology from AI 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. Nvidia's gross margin, at around 73 percent, towers above rivals like AMD.

A wave of multi-billion-dollar infrastructure deals is reshaping the AI landscape. Amazon is considering an investment of around $10 billion in OpenAI, though talks remain "very fluid," according to a source who requested anonymity. Walt Disney has committed to investing $1 billion in OpenAI and will let the ChatGPT-parent use characters from Star Wars, Pixar and Marvel franchises in its Sora AI video generator—a move that could transform Hollywood content creation. Beginning early next year, Sora and ChatGPT Images will start generating videos featuring licensed Disney characters such as Mickey Mouse, Cinderella, and Mufasa, though the deal excludes any talent likeness or voices. OpenAI has also partnered with Broadcom to produce its first in-house artificial intelligence processors, agreed to a multi-year chip supply deal with AMD that gives the ChatGPT creator the option to buy up to roughly 10 percent of the chipmaker, and is set to receive up to $100 billion in investment from Nvidia along with data center chips in a deal giving the chipmaker a financial stake. Oracle has reportedly signed one of the biggest cloud deals ever with OpenAI, under which the ChatGPT maker is expected to buy $300 billion in computing power for about five years, while CoreWeave signed a five-year contract worth $11.9 billion with OpenAI in March, before the Nvidia-backed startup's IPO. Stargate, a joint venture between SoftBank, OpenAI and Oracle to build data centers, was announced in January by US President Donald Trump, who said the companies would invest up to $500 billion to fund infrastructure for artificial intelligence, though Oracle shares fell last week after a key financial partner said it won't help fund a major AI data center.

Meta Platforms is securing massive computing power through multiple partnerships. CoreWeave signed a $14 billion agreement with Meta to supply computing power, while Oracle is in talks with Meta for a multi-year cloud computing deal worth about $20 billion. Google struck a six-year cloud computing deal with Meta worth more than $10 billion. Meta took a 49 percent stake for about $14.3 billion in Scale AI and brought in its 28-year-old CEO, Alexandr Wang, to play a prominent role in the tech giant's artificial intelligence strategy. Regarding the Groq acquisition, Nvidia has agreed to license chip technology from the startup and hire its CEO Jonathan Ross, who helped Google start its AI chip program, among other engineers at the company, with CNBC reporting that Nvidia agreed to acquire Groq's assets for $20 billion.

Microsoft and Nvidia are making substantial commitments to Anthropic. Microsoft will invest up to $5 billion and Nvidia up to $10 billion in the Claude maker, while Anthropic will pledge $30 billion to run its workloads on Microsoft's cloud. Under the agreement, Anthropic will commit up to 1 gigawatt of compute, powered by Nvidia's advanced Grace Blackwell and Vera Rubin hardware, and will team up with Nvidia to improve chips and AI models for better performance. An investor group including BlackRock, Microsoft and Nvidia is buying US-based Aligned Data Centers, one of the world's biggest data center operators with nearly 80 facilities, in a deal worth $40 billion. Nvidia will invest $5 billion in Intel, giving it roughly 4 percent of the company after new shares are issued. CoreWeave signed a $6.3 billion initial order with backer Nvidia, a deal that guarantees the AI chipmaker will purchase any cloud capacity not sold to customers.

Additional major infrastructure investments underscore the sector's transformation. Google will invest $40 billion in three new data centers in Texas through 2027, with one in Armstrong County in the Texas Panhandle and two in Haskell County near Abilene, while continuing to invest in its existing Midlothian campus and Dallas cloud region as part of its global network of 42 cloud regions. Google also hired several key staff members from AI code generation startup Windsurf and will pay $2.4 billion in license fees to use some of Windsurf's technology under non-exclusive terms. Nebius Group will provide Microsoft with GPU infrastructure capacity in a deal worth $17.4 billion over a five-year term. Intel is getting a $2 billion capital injection from SoftBank Group, making the Japanese tech investor one of the top-10 shareholders of the troubled US chipmaker. Tesla signed a $16.5 billion deal to source chips from Samsung Electronics, with CEO Elon Musk saying that the South Korean tech giant's new chip factory in Texas would make Tesla's next-generation AI6 chip. Amazon.com pumped $4 billion into OpenAI competitor Anthropic, doubling its investment in the firm known for its GenAI chatbot Claude.