The billion-dollar infrastructure deals powering the AI boom

Core Insights - The tech industry is experiencing a significant investment in AI infrastructure, with Nvidia's CEO estimating that $3 to $4 trillion will be spent by the end of the decade [1] - Major companies like Microsoft, Meta, Oracle, Google, and OpenAI are leading the charge in AI infrastructure projects, with ongoing updates as spending increases [2] Company-Specific Developments - Microsoft's initial $1 billion investment in OpenAI in 2019 established it as the exclusive cloud provider, which has since grown to nearly $14 billion, primarily in Azure cloud credits [3] - OpenAI has recently shifted its strategy, announcing it will no longer exclusively use Microsoft's cloud services, allowing for other partnerships while still giving Microsoft a right of first refusal [4] - Other AI companies are following OpenAI's model, with Anthropic receiving $8 billion from Amazon and Google Cloud partnering with smaller AI firms, indicating a trend of cloud providers investing in AI capabilities [5]