Nvidia, OpenAI, AMD step up investments for AI collaboration
(MENAFN) Major technology companies including Nvidia, OpenAI, AMD, and Oracle are rapidly increasing multi-billion-dollar investments to expand their AI infrastructure and reshape the global tech landscape amid surging demand for AI applications.
Analysts predict that global spending on AI will reach $375 billion this year and is expected to hit $500 billion by 2026, according to investment estimates.
Among the latest collaborations, OpenAI, the developer of ChatGPT, has forged partnerships with Nvidia and AMD. AMD announced on Monday that it has partnered with OpenAI to supply custom chips for the company’s AI infrastructure, with initial deployment scheduled for the second half of 2026. As part of the agreement, OpenAI has the option to purchase up to 160 million AMD shares once certain milestones are achieved. The partnership is projected to generate billions in revenue.
Nvidia revealed last month a letter of intent for a strategic partnership with OpenAI, which includes deploying at least 10 gigawatts of Nvidia systems to train the next generation of OpenAI models. Nvidia also plans to invest up to $100 billion to enhance data center and energy capacity as these AI systems come online, with the first phase expected to be operational by the second half of next year.
This initiative complements Nvidia’s existing collaborations with major companies such as Microsoft, Oracle, SoftBank, and Stargate. Additionally, Nvidia announced a joint effort with US-based chipmaker Intel to develop specialized data center and personal computing products. Intel will manufacture custom x86-based CPUs for data centers to integrate into Nvidia’s AI infrastructure, as well as x86 architecture system-on-chips (SOCs) for Nvidia’s commercially available RTX GPU chiplets.
These moves underscore the accelerating pace of investment and collaboration among tech giants as AI becomes a central driver of innovation and revenue growth across the industry.
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