Tech giants pour billions into AI chips and data centres

Meta and OpenAI logos are seen in this illustration taken on 18 June 2025.

Global technology companies are pouring billions of dollars into artificial intelligence infrastructure as demand for computing power accelerates across industries.

Chipmaker Nvidia has agreed to license technology from AI startup Groq for use in some of its chips, highlighting efforts to stay competitive amid soaring demand. The move comes as companies across the sector sign multi-billion-dollar deals covering AI chips, cloud services and data centres.

OpenAI has emerged as a major hub of investment, securing partnerships with companies such as Amazon, which is considering a potential investment of around $10 billion. Disney has agreed to invest $1 billion in OpenAI and license characters from its major franchises for use in AI-generated video, while Broadcom, AMD and Nvidia have signed deals to supply or co-develop AI processors.

Cloud infrastructure has also seen massive commitments. Oracle is reported to have struck a long-term agreement to supply large volumes of computing power to OpenAI, while CoreWeave has signed multi-year contracts worth billions of dollars to provide AI compute capacity.

Meta has entered major agreements with CoreWeave, Oracle and Google to secure cloud and computing resources, and has also taken a significant stake in Scale AI as part of its artificial intelligence strategy.

Nvidia, meanwhile, has expanded its reach through investments and partnerships with firms including Anthropic, Intel and major data centre operators, alongside orders guaranteeing demand for its AI chips.

Google, Microsoft, Amazon and others are also investing heavily in new data centres, talent and technology acquisitions, underscoring a global race to build the infrastructure needed to support the next wave of artificial intelligence growth.