Topline
Nvidia on Monday announced a $2 billion investment into Synopsys as part of a broader partnership with the chip software maker, ranking among the largest deals surrounding AI this year, as Wall Street anticipates global spending to accelerate in the coming years.
Key Facts
Global annual AI spending is expected to swell to $375 billion by the end of the year before topping $3 trillion annually by 2030, according to projections from UBS, which includes spending on AI infrastructure, as well as power and resources for electricity demand.
As more funding circulates around AI, more investors are expressing fears that tech stocks may be over-inflated by hype and may soon crash: A Bank of America survey released earlier this month found that 53% of investors believe AI stocks are in a bubble.
Top Ai Deals Ranked
1. $500 billion: President Donald Trump announced OpenAI, SoftBank and Oracle would create a new company, “Stargate,” in what Trump called the “largest AI infrastructure project in history,” with plans for the companies to invest up to $500 billion to develop AI infrastructure in the U.S. in the coming years and create 100,000 jobs.
2. $300 billion: OpenAI signed a contract with Oracle to purchase $300 billion in computing power over the next five years, the Wall Street Journal reported, citing people familiar with the matter, as Oracle will provide roughly 4.5 gigawatts of power capacity.
3. $100 billion: OpenAI and Nvidia announced a partnership that includes a $100 billion investment from Nvidia into OpenAI, which said it would use at least 10 gigawatts of Nvidia’s systems for infrastructure used to train AI models.
4. $50 billion: Amazon announced it would invest as much as $50 billion to expand AI infrastructure and supercomputing capabilities for its U.S. government customers, with plans to add nearly 1.3 gigawatts of capacity through new data centers designed for federal agencies.
5. $50 billion: Anthropic announced plans to spend $50 billion on AI infrastructure, beginning with data centers in Texas and New York, in a project that Anthropic expects to create 800 permanent jobs and more than 2,000 construction roles.
6. $40 billion: Oracle announced it would purchase $40 billion worth of Nvidia’s AI chips to power OpenAI’s data center in Abilene, Texas, which is believed to be the first project underway for Stargate, the Financial Times reported.
7. $38 billion: OpenAI and Amazon announced a partnership valued at $38 billion, in which OpenAI will use Amazon’s cloud computing services over the next seven years, with Amazon providing the ChatGPT maker with hundreds of thousands of Nvidia graphics processors to run its AI models.
8. $30 billion: Oracle, in a Securities and Exchange Commission filing, disclosed multiple “large” cloud services agreements, including one valued at $30 billion that was later revealed to be with OpenAI.
9. $30 billion: Anthropic will purchase $30 billion in cloud computing capacity from Microsoft, which powers its services with Nvidia’s systems, the three companies announced in a statement. As part of the partnership, Nvidia and Microsoft will invest up to $10 billion and $5 billion in Anthropic, respectively, the companies said.
10. $25 billion: Google announced plans to invest $25 billion in data centers and AI infrastructure over the next two years, noting it would help expand “energy capacity, innovation and opportunity in the AI-driven economy.”
11. $22.4 billion: Cloud infrastructure firm CoreWeave announced its deal to provide services to OpenAI expanded by up to $6.5 billion, swelling the value of OpenAI’s partnership with CoreWeave to roughly $22.4 billion after CoreWeave said in March it would provide OpenAI with AI data centers and cloud tech over five years.
12. $20 billion: Oracle executives confirmed a cloud-computing deal with Meta valued at $20 billion, as Oracle will provide Meta with cloud computing capacity for training and deploying AI models.
13. $10 billion: Trump announced Intel agreed to give the U.S. a 10% stake in the company, valued at roughly $10 billion, making the federal government the third-largest shareholder in the beleaguered chipmaker after Trump earlier called for Intel’s CEO Lip-Bu Tan to resign.
15. $6.3 billion: CoreWeave said in a regulatory filing that Nvidia agreed to buy cloud services valued at roughly $6.3 billion through 2032, requiring Nvidia to buy any excess cloud computing not used by its customers.
16. $6.2 billion: Jeff Bezos will serve as co-CEO with former Google X director Vik Bajaj for the AI startup Project Prometheus, which has received $6.2 billion in funding, including some funding from Bezos, the New York Times reported, citing three people familiar with the company.
17. $2 billion: Nvidia announced a $2 billion investment in chip software designer Synopsys as part of a multiyear partnership, allowing Synopsys to use Nvidia’s tech to develop its software more efficiently and to offer broader access to cloud services.
18. $1 billion: The Energy Department partnered with AMD to develop two AI-powered supercomputers in a partnership valued at $1 billion, according to AMD, which said the systems would “drive breakthroughs in science, energy and national security.” The first computer, named “Lux,” is expected to come online within the next six months, while the second computer, “Discovery,” is scheduled to be finished by 2029.
