Keep pulling the thread on Amazon Web Services.
NVIDIA offered to act as an anchor investor in CoreWeave's IPO with a $250 million order at a price of $40 per share.
OpenAI announced a $300 billion cloud infrastructure agreement with Oracle.
OpenAI has formed a $10 billion custom chip partnership with Broadcom.
According to UBS analysts, OpenAI's memory supply commitments account for 50% of the world's current capacity.
NVIDIA has pledged to invest up to $100 billion in OpenAI, which will in turn use the funds to purchase NVIDIA's AI graphics cards.
As part of a chip supply deal, AMD granted OpenAI the right to purchase 10% of its stock for $0.01 per share, contingent on share price targets and chip deployment.
Amazon has invested over $8 billion in Anthropic, which in return committed to using Amazon Web Services as its primary cloud provider.
Anthropic has a deal with Google to access up to 1 million TPUs, which is expected to provide over 1 gigawatt of compute capacity by 2026.
UBS analysts project that the deal with OpenAI will account for approximately 13% of NVIDIA's revenue in 2026.
McKinsey forecasts that $5.2 trillion in capital expenditures will be needed for chips, data centers, and energy over the next five years.
Bain & Company estimates that AI companies will need to generate $2 trillion in annual revenue to justify projected capital spending in the sector.
OpenAI currently has approximately $13 billion in annual revenues.