Reported 15 days ago
Silicon Valley is witnessing a surge in AI investments, with companies like OpenAI, Nvidia, AMD, and Oracle announcing massive deals totaling billions. OpenAI leads the charge, striking agreements that will see it purchase significant amounts of GPUs from Nvidia and AMD, while also collaborating with Broadcom on custom chips. Oracle is similarly investing heavily in AI infrastructure. Despite concerns over a potential AI investment bubble, experts believe there is substantial long-term demand for AI technologies.
Source: YAHOO