The pace and scale of artificial intelligence deals lately has been staggering, with ChatGPT-maker OpenAI alone racking up around $1 trillion-worth of AI deals this year. These interconnected investments have dramatically lifted the valuations of many of the companies involved and sent U.

A group including BlackRock, Nvidia and Microsoft is buying Aligned Data Centers in an approximately $40 billion deal in an effort to expand next-generation cloud and artificial intelligence infrastructure.

The two companies now have a partnership to build massive data centers for artificial intelligence (AI) computing.

The deal opens the door for OpenAI to own a 10% stake in AMD. However, CEO Sam Altman says his company is still committed to buying GPUs from longtime partner Nvidia.

AI chip companies Nvidia, Broadcom, Marvell, and Super Micro Computer stocks recover as ASML reports strong earnings.

Nvidia’s announcement earlier this week that it is investing $100 billion into OpenAI to help fund its massive data center build out has added to a growing sense of unease among investors that there is a dangerous financial bubble around AI,

The deal is a huge shot in the arm for AMD, which has been playing second fiddle to Nvidia in the GPU game for the last several years. While Nvidia's stock is up over 1,300% in the last three years as it became the largest publicly traded company in the world, AMD is up a comparatively soft 200% in the same period.

AMD's bold equity-for-orders deal with OpenAI fuels growth and ROCm adoption but raises dilution and valuation concerns amid AI hype. Read why AMD stock is a hold.

The tech giants intend to bring at least 10 gigawatts of AI capacity online, starting in H2 2026 with Vera Rubin chips.

On Monday, OpenAI and Nvidia jointly announced a letter of intent for a strategic partnership to deploy at least 10 gigawatts of Nvidia systems for OpenAI's AI infrastructure, with Nvidia planning to invest up to $100 billion as the systems roll out.

Six AI startups are part of Jensen Huang's future vision for human-agentic AI workforces.