From OpenAI to Google, firms channel billions into AI infrastructure as demand booms

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Alphabet’s Google unit will invest $40 billion over the next two years to build three new data centers in Texas, joining peers aggressively spending to build infrastructure to support the surge in artificial intelligence applications.

The investments reflect how the global tech industry is rapidly scaling up its computing and energy capacity to power the next generation of AI tools and services.

Here is a list of multi-billion dollar AI, cloud and chip deals signed recently:

Nvidia-backed group and aligned data centres

An investor group including…



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From OpenAI to Google, firms channel billions into AI infrastructure as demand booms



Alphabet’s Google unit will invest $40 billion over the next two years to build three new data centers in Texas, joining peers aggressively spending to build infrastructure to support the surge in artificial intelligence applications.

The investments reflect how the global tech industry is rapidly scaling up its computing and energy capacity to power the next generation of AI tools and services.

Here is a list of multi-billion dollar AI, cloud and chip deals signed recently:

Nvidia-backed group and aligned data centres

An investor group including…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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