(Reuters) -OpenAI has partnered with Broadcom to produce its first in-house artificial intelligence processors, the latest tie-up for the world’s most valuable startup for computing power amid surging demand for its services.
The companies said OpenAI would design the chips, which Broadcom will develop and deploy starting in the second half of 2026. They will roll out 10 gigawatts worth of custom chips, whose power consumption is roughly equivalent to the needs of more than 8 million U.S. households or five times the electricity produced by the Hoover Dam.
Here is a list of multi-billion dollar AI, cloud and chip deals signed recently:
AMD AND OPENAI
AMD agreed to supply artificial intelligence chips to OpenAI in a multi-year deal that would also give the ChatGPT creator the option to buy up to roughly 10% of the chipmaker.
NVIDIA AND OPENAI
Nvidia is set to invest up to $100 billion in OpenAI and supply it with data center chips, in a deal giving the chipmaker a financial stake in OpenAI. OpenAI is already an important customer for Nvidia.
META AND COREWEAVE
CoreWeave has signed a $14 billion agreement with Meta to supply computing power to the Facebook parent.
NVIDIA AND INTEL
Nvidia will invest $5 billion in Intel, giving it roughly 4% of the company after new shares are issued.
ORACLE AND META
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.
ORACLE AND OPENAI
Oracle is reported to have signed one of the biggest cloud deals ever with OpenAI, under which the ChatGPT maker is expected to buy $300 billion in computing power from the company for about five years.
COREWEAVE AND NVIDIA
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.
NEBIUS GROUP AND MICROSOFT
Nebius Group will provide Microsoft with GPU infrastructure capacity in a deal worth $17.4 billion over a five-year term.
META AND GOOGLE
Google struck a six-year cloud computing deal with Meta Platforms worth more than $10 billion, Reuters had reported in August.
INTEL AND SOFTBANK GROUP
Intel is getting a $2 billion capital injection from SoftBank Group, making the Japanese tech investor one of the top-10 shareholders of the troubled U.S. chipmaker.
TESLA AND SAMSUNG
Tesla signed a $16.5 billion deal to source chips from Samsung Electronics, with the EV maker’s CEO Elon Musk, saying that the South Korean tech giant’s new chip factory in Texas would make Tesla’s next-generation AI6 chip.
