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    ITNewspapersThe Economic Times

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

    Binu Mathew
    By Binu MathewMarch 3, 2026

    Nvidia will invest $2 billion each in photonic product makers Lumentum and Coherent to support the companies’ research and development and manufacturing operations in the United States.

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

    OpenAI deals

    Read more
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