Amazon (AMZN.O), opens new tab is in talks to invest in OpenAI in a potential deal that could value the ChatGPT-parent at over $500 billion, according to a source familiar with the matter. The potential deal underscores the AI industry's insatiable need for computing power as firms race to develop systems that match or surpass human intelligence. Stay up to date with the latest news, trends and innovations that are driving the global automotive industry with the Reuters Auto File newsletter. Sign up here. Here is a list of multi-billion-dollar AI, cloud and chip deals signed recently:
Amazon is considering an investment of around $10 billion in OpenAI, though talks remain "very fluid," according to a source who requested anonymity due to the private nature of their talks.
Walt Disney (DIS.N), opens new tab to invest $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. As part of 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 deal excludes any talent likeness or voices.
OpenAI has partnered with Broadcom (AVGO.O), opens new tab to produce its first in-house artificial intelligence processors, the latest tie-up for the world's most valuable startup for computing power amid surging demand for its services.
AMD (AMD.O), opens new tab agreed to supply artificial intelligence chips to OpenAI in a multi-year deal that would also give the ChatGPT creator the option to buy up to roughly 10% of the chipmaker.
Nvidia is set to invest up to $100 billion in OpenAI and supply it with data center chips, in a deal giving the chipmaker a financial stake in OpenAI. OpenAI is already an important customer for Nvidia.
Oracle is reported to have signed one of the biggest cloud deals ever with OpenAI, under which the ChatGPT maker is expected to buy $300 billion in computing power from the company for about five years.
CoreWeave signed a five-year contract worth $11.9 billion with OpenAI in March, before the Nvidia-backed startup's IPO.
Stargate is a joint venture between SoftBank, OpenAI and Oracle to build data centers. The project was announced in January by U.S. President Donald Trump, who said that the companies would invest up to $500 billion to fund infrastructure for artificial intelligence.
CoreWeave (CRWV.O), opens new tab has signed a $14 billion agreement with Meta (META.O), opens new tab to supply computing power to the Facebook parent.
Oracle (ORCL.N), opens new tab is in talks with Meta for a multi-year cloud computing deal worth about $20 billion, underscoring the social media giant's drive to secure faster access to computing power.
Google struck a six-year cloud computing deal with Meta Platforms worth more than $10 billion, Reuters had reported in August.
