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The billion-dollar infrastructure deals powering the AI boom
Here's everything we know about the biggest AI infrastructure projects, including major spending from Meta, Oracle, Microsoft, Google, and OpenAI.
This is arguably the deal that kicked off the whole contemporary AI boom: in 2019, Microsoft made a $1 billion investment in a buzzy non-profit called OpenAI, known mostly for its association with Elon Musk. In January, OpenAI announced it would no longer be using Microsoft’s cloud exclusively, instead giving the company a right of first refusal on future infrastructure demands but pursuing others if Azure couldn’t meet their needs. Just two days after his second inauguration, President Trump announced a joint venture between SoftBank, OpenAI and Oracle, meant to spend $500 billion building AI infrastructure in the United States.
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