From OpenAI to Nvdia and xAI, mega AI deals spark buzz — but is it a boom or a bubble? Experts weigh in
The past few months have seen the announcement of multi-billion-dollar deals in the artificial intelligence (AI) industry, as companies build the infrastructure necessary to develop technologies.
Earlier this week, OpenAI announced a deal to use Advanced Micro Devices (AMD) chips over multiple years; while Meta Platforms signed a $29 billion financing package for data centres, and Oracle Corp also raised a $38 billion debt package for its infrastructure.
