Factbox-Companies pouring billions to advance AI infrastructure

Nvidia will invest $5 billion in Intel, giving it roughly 4% of the company after new shares are issued. Oracle is in talks with Meta for a multi-year cloud computing deal worth about $20 billion, underscoring the social media giant’s drive to secure faster access to computing power. CoreWeave signed a $6.3 billion initial order with backer Nvidia, a deal that guarantees that the AI chipmaker will purchase any cloud capacity not sold to customers.