# AI Compute Deals: Every AI compute deal, in one sourced ledger

One row per AI compute deal since January 2023: cloud capacity, chip supply, data center leases, power and the equity that pays for them. Each row gives buyer, seller, dollar value, gigawatts, chips, term and status, and every number links to the SEC filing, company release or report it came from. Where sources disagree, the row shows both figures.

Source: https://aicomputedeals.com/

## Fields

- Announced: Date the deal was first announced or disclosed (YYYY-MM-DD). For SEC-disclosed deals, the filing or press-release date.
- Buyer: Party paying for compute, chips, capacity or power, or receiving the investment in equity-for-compute deals.
- Seller / provider: Party supplying the cloud capacity, chips, data center, power or capital.
- Value (USD): Headline dollar value exactly as stated in the cited source. null when undisclosed. Read value_note for whether it is a total, an annual figure, a ceiling or a press report.
- Value note: What the value means (total, per year, 'up to', planned, reported), plus conflicting figures from other sources.
- Capacity (GW): Data center or compute capacity in gigawatts as stated in the source (MW converted to GW). Power purchase agreements buy generation, not data center capacity, so they leave this empty and give the plant size in value_note. null when undisclosed.
- Accelerators (chips): Number of GPUs, TPUs or other accelerators named in the source. null when undisclosed.
- Chips: Accelerator family or generation named in the deal, e.g. NVIDIA GB300, AMD Instinct MI450, Google TPU, AWS Trainium.
- Term (years): Contract or investment term in years where stated. null when undisclosed.
- Status: announced = LOI, plan or press report; signed = binding agreement disclosed; expanded = a later deal added to this relationship; cancelled = terminated or rejected; completed = closed transaction (e.g. investment funded).
- Other parties: Backstop providers, co-investors, equipment suppliers, site owners and other named parties.

## Amazon adds $4B to Anthropic; AWS becomes primary training partner

URL: https://aicomputedeals.com/anthropic-amazon-investment-2024-11/
Website: https://techcrunch.com/2024/11/22/anthropic-raises-an-additional-4b-from-amazon-makes-aws-is-primary-cloud-partner/
Verified: 2026-11-09

Amazon invested a further $4 billion in Anthropic, bringing its total to $8 billion. Anthropic named AWS its primary training partner and committed to train future models on Trainium2.

- Tags: equity-for-compute, chip-supply, cloud-capacity
- Announced: 2024-11-22
- Buyer: Anthropic
- Seller / provider: Amazon (AWS)
- Value: 4,000,000,000 USD
- Value note: Up to $4.0 billion of convertible notes in three tranches ($1.3B Nov 2024, $1.3B May 2025, $1.4B Nov 2025), bringing Amazon's total to $8 billion. All tranches issued per Anthropic's S-1/A.
- Capacity: not published
- Accelerators: not published
- Chips: AWS Trainium2
- Term: not published
- Status: completed
- Other parties: Annapurna Labs (AWS chip unit) on future Trainium generations

Sources:
1. Anthropic raises an additional $4B from Amazon (TechCrunch) https://techcrunch.com/2024/11/22/anthropic-raises-an-additional-4b-from-amazon-makes-aws-is-primary-cloud-partner/ (accessed 2026-11-09)
2. Amazon Doubles Total Investment in Anthropic to $8 Billion (PYMNTS) https://www.pymnts.com/?p=2297087 (accessed 2026-11-09)
3. Anthropic, PBC Form S-1/A, Amendment No. 1 (SEC, 2 Nov 2026) https://www.sec.gov/Archives/edgar/data/2130357/000162828026068676/anthropicpbc-sx1ax1.htm (accessed 2026-11-09)

## Amazon invests $50B in OpenAI; AWS deal expanded by $100B

URL: https://aicomputedeals.com/openai-aws-expansion-amazon-50b-2026-02/
Website: https://www.sec.gov/Archives/edgar/data/1018724/000110465926021050/tm267374d1_ex99-1.htm
Verified: 2026-11-09

Amazon agreed to invest $50 billion in OpenAI ($15 billion first, $35 billion on conditions). OpenAI expanded its $38 billion AWS deal by $100 billion over eight years and will use about 2 GW of Trainium3 and Trainium4 capacity.

- Tags: cloud-capacity, chip-supply, equity-for-compute
- Announced: 2026-02-27
- Buyer: OpenAI
- Seller / provider: Amazon (AWS)
- Value: 100,000,000,000 USD
- Value note: AWS agreement expanded by $100 billion over eight years (on top of $38B). Separate Amazon equity investment of $50 billion ($15B initial + $35B conditional).
- Capacity: 2 GW
- Accelerators: not published
- Chips: AWS Trainium3, Trainium4
- Term: 8 years
- Status: expanded
- Other parties: not published

Sources:
1. OpenAI and Amazon Announce Strategic Partnership, Amazon 8-K Ex. 99.1 (SEC, 27 Feb 2026) https://www.sec.gov/Archives/edgar/data/1018724/000110465926021050/tm267374d1_ex99-1.htm (accessed 2026-11-09)

## Amazon invests up to $4B in Anthropic; AWS becomes primary cloud

URL: https://aicomputedeals.com/anthropic-amazon-investment-2023-09/
Website: https://www.aboutamazon.com/news/company-news/amazon-aws-anthropic-ai
Verified: 2026-11-09

Amazon agreed to invest up to $4 billion in Anthropic for a minority stake. Anthropic named AWS its primary cloud provider and agreed to use AWS Trainium and Inferentia chips for future models.

- Tags: equity-for-compute, cloud-capacity, chip-supply
- Announced: 2023-09-25
- Buyer: Anthropic
- Seller / provider: Amazon (AWS)
- Value: 4,000,000,000 USD
- Value note: Up to $4 billion, structured as convertible promissory notes (Amazon 2023 note purchase agreement, 19 Sept 2023). Per Anthropic's S-1/A: first tranche $1.2 billion in September 2023; second tranche $3.4 billion principal in March 2024 for $2.8 billion of proceeds.
- Capacity: not published
- Accelerators: not published
- Chips: AWS Trainium, AWS Inferentia
- Term: not published
- Status: completed
- Other parties: not published

Sources:
1. Amazon and Anthropic announce strategic collaboration (About Amazon) https://www.aboutamazon.com/news/company-news/amazon-aws-anthropic-ai (accessed 2026-11-09)
2. Anthropic, PBC Form S-1/A, Amendment No. 1 (SEC, 2 Nov 2026) https://www.sec.gov/Archives/edgar/data/2130357/000162828026068676/anthropicpbc-sx1ax1.htm (accessed 2026-11-09)

## Amazon–Constellation 20-year, 690 MW Calvert Cliffs nuclear PPA

URL: https://aicomputedeals.com/amazon-constellation-calvert-cliffs-2026-09/
Website: https://www.sec.gov/Archives/edgar/data/1868275/000186827526000116/ceg-20261109991.htm
Verified: 2026-11-09

Amazon signed a 20-year, 690 MW PPA plus a retail supply agreement in PJM, supporting over $3 billion of investment at Calvert Cliffs in Maryland, including a 190 MW uprate due 2030–2032.

- Tags: power, nuclear, sec-filing
- Announced: 2026-09-30
- Buyer: Amazon
- Seller / provider: Constellation Energy
- Value: not published
- Value note: Contract value not disclosed; $3 billion+ is Constellation's investment. Plant: Calvert Cliffs (~1,790 MW); 690 MW contracted including the 190 MW uprate. Constellation dates it 'September 2026'; trade press reported it in early October.
- Capacity: not published
- Accelerators: not published
- Chips: not published
- Term: 20 years
- Status: signed
- Other parties: not published

Sources:
1. Constellation Q3 2026 earnings release, 8-K (SEC) https://www.sec.gov/Archives/edgar/data/1868275/000186827526000116/ceg-20261109991.htm (accessed 2026-11-09)
2. MD: Constellation, Amazon Announce 20-Year Power Agreement (Trade & Industry Development) https://www.tradeandindustrydev.com/region/maryland/news/md-constellation-amazon-announce-20-year-power-36450.md (accessed 2026-11-09)

## Amazon–Talen 1,920 MW nuclear supply from Susquehanna

URL: https://aicomputedeals.com/amazon-talen-susquehanna-ppa-2025-06/
Website: https://world-nuclear-news.org/articles/new-supply-agreement-expands-talen-amazon-partnership
Verified: 2026-11-09

Talen agreed to supply 1,920 MW from its Susquehanna nuclear plant to AWS data centers in Pennsylvania through 2042. Talen expects about $18 billion in revenue over the contract at full volume.

- Tags: power, nuclear
- Announced: 2025-06-11
- Buyer: Amazon (AWS)
- Seller / provider: Talen Energy
- Value: 18,000,000,000 USD
- Value note: 1.92 GW of nuclear supply from Talen's Susquehanna plant; generation, not data center capacity. About $18 billion of expected revenue to Talen over the contract life at full quantity (Talen investor presentation, per Utility Dive). Projection, not a fixed price.
- Capacity: not published
- Accelerators: not published
- Chips: not published
- Term: not published
- Status: expanded
- Other parties: PPL Electric Utilities (transmission and delivery)

Sources:
1. New supply agreement expands Talen-Amazon partnership (WNN) https://world-nuclear-news.org/articles/new-supply-agreement-expands-talen-amazon-partnership (accessed 2026-11-09)
2. Talen, Amazon expand Susquehanna deal (Utility Dive) https://www.utilitydive.com/news/talen-amazon-aws-susquehanna-nuclear-data-center-t/750440/ (accessed 2026-11-09)

## AMD–HUMAIN $10B collaboration (500 MW over five years)

URL: https://aicomputedeals.com/humain-amd-10b-2025-05/
Website: https://ir.amd.com/news-events/press-releases/detail/1250/amd-and-humain-form-strategic-10b-collaboration-to-advance-global-ai
Verified: 2026-11-09

AMD and HUMAIN plan to invest up to $10 billion to deploy up to 500 MW of AMD-based AI compute across Saudi Arabia and the US over five years.

- Tags: chip-supply, datacenter-buildout
- Announced: 2025-05-13
- Buyer: HUMAIN
- Seller / provider: AMD
- Value: 10,000,000,000 USD
- Value note: 'Up to' $10 billion invested jointly by AMD and HUMAIN; not a purchase price.
- Capacity: 0.5 GW
- Accelerators: not published
- Chips: AMD Instinct GPUs, EPYC CPUs
- Term: 5 years
- Status: expanded
- Other parties: not published

Sources:
1. AMD and HUMAIN Form Strategic, $10B Collaboration to Advance Global AI (AMD) https://ir.amd.com/news-events/press-releases/detail/1250/amd-and-humain-form-strategic-10b-collaboration-to-advance-global-ai (accessed 2026-11-09)

## AMD, Cisco and HUMAIN joint venture (up to 1 GW by 2030)

URL: https://aicomputedeals.com/humain-amd-cisco-jv-1gw-2025-11/
Website: https://newsroom.amd.com/news/amd-cisco-and-humain-to-form-joint-venture/
Verified: 2026-11-09

AMD, Cisco and HUMAIN plan a joint venture to deploy up to 1 GW of AI infrastructure by 2030, starting with a 100 MW phase in Saudi Arabia.

- Tags: joint-venture, chip-supply, datacenter-buildout
- Announced: 2025-11-19
- Buyer: HUMAIN
- Seller / provider: AMD
- Value: not published
- Value note: No value or equity split disclosed. Phase 1 is 100 MW. In Aug 2026 the JV said MI355X systems were live and planned a 250 MW MI400-series phase from 2027.
- Capacity: 1 GW
- Accelerators: not published
- Chips: AMD Instinct MI450
- Term: not published
- Status: expanded
- Other parties: Cisco (JV partner)

Sources:
1. AMD, Cisco and HUMAIN to Form Joint Venture (AMD) https://newsroom.amd.com/news/amd-cisco-and-humain-to-form-joint-venture/ (accessed 2026-11-09)
2. AMD, Cisco, HUMAIN Expand Saudi Arabia's AI Infrastructure (AMD) https://newsroom.amd.com/news/amd-cisco-humain-expand-saudi-arabia-ai-infrastructure/ (accessed 2026-11-09)

## Anthropic $50B US data centers with Fluidstack

URL: https://aicomputedeals.com/anthropic-fluidstack-50b-us-datacenters-2025-11/
Website: https://www.anthropic.com/news/anthropic-invests-50-billion-in-american-ai-infrastructure
Verified: 2026-11-09

Anthropic will invest $50 billion in US computing infrastructure, building data centers with Fluidstack in Texas and New York. First sites come online through 2026.

- Tags: datacenter-buildout
- Announced: 2025-11-12
- Buyer: Anthropic
- Seller / provider: Fluidstack
- Value: 50,000,000,000 USD
- Value note: $50 billion planned investment; split between Fluidstack and other parties not disclosed. Anthropic's S-1/A confirms a colocation and services agreement with Fluidstack USA I Inc.
- Capacity: not published
- Accelerators: not published
- Chips: not published
- Term: not published
- Status: signed
- Other parties: not published

Sources:
1. Anthropic invests $50 billion in American AI infrastructure (Anthropic) https://www.anthropic.com/news/anthropic-invests-50-billion-in-american-ai-infrastructure (accessed 2026-11-09)
2. Anthropic, PBC Form S-1/A, Amendment No. 1 (SEC, 2 Nov 2026) https://www.sec.gov/Archives/edgar/data/2130357/000162828026068676/anthropicpbc-sx1ax1.htm (accessed 2026-11-09)

## Anthropic commits $110B+ to AWS; Amazon invests up to $25B more

URL: https://aicomputedeals.com/anthropic-amazon-aws-110b-2026-04/
Website: https://finance.yahoo.com/sectors/technology/articles/amazon-investing-25-billion-more-113801183.html
Verified: 2026-11-09

Anthropic committed to spend at least $110 billion on AWS between May 2026 and April 2036, for up to 5 GW of Trainium capacity. Amazon will invest $5 billion now and up to $20 billion more tied to milestones.

- Tags: equity-for-compute, cloud-capacity, sec-filing
- Announced: 2026-04-20
- Buyer: Anthropic
- Seller / provider: Amazon (AWS)
- Value: 110,000,000,000 USD
- Value note: Minimum spend of $110.0 billion May 2026–April 2036 with a true-up if usage falls short (Anthropic S-1/A); announced as 'over $100 billion' over ten years. Separate Amazon investment: $5B immediately at a $380B valuation plus up to $20B on milestones.
- Capacity: 5 GW
- Accelerators: not published
- Chips: AWS Trainium2–Trainium4, Graviton
- Term: 10 years
- Status: signed
- Other parties: not published

Sources:
1. Amazon investing up to $25 billion more in Anthropic (Quartz via Yahoo Finance) https://finance.yahoo.com/sectors/technology/articles/amazon-investing-25-billion-more-113801183.html (accessed 2026-11-09)
2. Anthropic, PBC Form S-1/A, Amendment No. 1 (SEC, 2 Nov 2026) https://www.sec.gov/Archives/edgar/data/2130357/000162828026068676/anthropicpbc-sx1ax1.htm (accessed 2026-11-09)

## Anthropic rents SpaceX's Colossus compute (up to $120.5B through 2029)

URL: https://aicomputedeals.com/anthropic-spacex-colossus-2026-05/
Website: https://www.anthropic.com/news/higher-limits-spacex
Verified: 2026-11-09

Anthropic took all of the compute at SpaceX's Colossus 1 data center in Memphis, more than 300 MW and over 220,000 NVIDIA GPUs, and later added Colossus II capacity. Anthropic's S-1 puts the SpaceXAI agreements at up to $120.5 billion through 2029, about $3.1 billion a month once fully delivered in December 2026.

- Tags: cloud-capacity, sec-filing
- Announced: 2026-05-06
- Buyer: Anthropic
- Seller / provider: SpaceX (SpaceXAI, formerly xAI)
- Value: 120,500,000,000 USD
- Value note: Up to $120.5 billion across several agreements signed and amended May–Oct 2026, about $3.1 billion a month at full delivery (Anthropic S-1/A). SpaceX's June 2026 prospectus gave the May agreements as $1.25 billion a month through May 2029 for capacity across Colossus and Colossus II (~325,000 NVIDIA GPUs), about $45 billion in total per Bloomberg. Initial non-cancelable periods end Jan and Mar 2027, then 90 days' notice. Bloomberg reported Anthropic is SpaceX's 'Customer B' (34.5% of Q3 2026 revenue).
- Capacity: 0.3 GW
- Accelerators: 325,000 chips
- Chips: NVIDIA (H100, GB200 and later)
- Term: not published
- Status: expanded
- Other parties: not published

Sources:
1. Higher limits and new compute with SpaceX (Anthropic) https://www.anthropic.com/news/higher-limits-spacex (accessed 2026-11-09)
2. SpaceX final IPO prospectus, Form 424B4 (SEC, 12 Jun 2026) https://www.sec.gov/Archives/edgar/data/1181412/000162828026042639/spaceexplorationtechnologi.htm (accessed 2026-11-09)
3. Anthropic to Pay SpaceX Nearly $45 Billion for Computing Deal (Bloomberg Law) https://news.bloomberglaw.com/ip-law/anthropic-to-pay-spacex-nearly-45-billion-for-computing-deal (accessed 2026-11-09)
4. Anthropic, PBC Form S-1/A, Amendment No. 1 (SEC, 2 Nov 2026) https://www.sec.gov/Archives/edgar/data/2130357/000162828026068676/anthropicpbc-sx1ax1.htm (accessed 2026-11-09)
5. Anthropic accounts for over a third of SpaceX revenue in Q3, Bloomberg reports (Investing.com) https://www.investing.com/news/stock-market-news/anthropic-accounts-for-over-a-third-of-spacex-revenue-in-q3-bloomberg-reports-4985678 (accessed 2026-11-09)

## Anthropic–AMD: up to 2 GW of MI450 Helios racks; AMD invests up to $5B

URL: https://aicomputedeals.com/anthropic-amd-helios-2gw-2026-07/
Website: https://siliconangle.com/?p=793662
Verified: 2026-11-09

Anthropic agreed to deploy up to 2 GW of AMD Instinct MI450-series GPUs in AMD Helios racks, starting in the first half of 2027. AMD will invest up to $5 billion in Anthropic.

- Tags: chip-supply, equity-for-compute, sec-filing
- Announced: 2026-07-22
- Buyer: Anthropic
- Seller / provider: AMD
- Value: 20,000,000,000 USD
- Value note: Anthropic expects to spend more than $20 billion on the initial committed tranche (S-1/A); the agreement allows a similar amount again. No fixed dollar commitment. AMD investment up to $5B.
- Capacity: 2 GW
- Accelerators: not published
- Chips: AMD Instinct MI450 (Helios)
- Term: not published
- Status: signed
- Other parties: not published

Sources:
1. Anthropic to deploy up to 2GW of AMD GPUs (SiliconANGLE) https://siliconangle.com/?p=793662 (accessed 2026-11-09)
2. Anthropic, PBC Form S-1/A, Amendment No. 1 (SEC, 2 Nov 2026) https://www.sec.gov/Archives/edgar/data/2130357/000162828026068676/anthropicpbc-sx1ax1.htm (accessed 2026-11-09)

## Anthropic–CoreWeave multi-year cloud agreement

URL: https://aicomputedeals.com/anthropic-coreweave-multiyear-2026-04/
Website: https://coreweave.com/news/coreweave-announces-multi-year-agreement-with-anthropic
Verified: 2026-11-09

CoreWeave signed a multi-year agreement to run production-scale Claude workloads for Anthropic on its cloud platform, with capacity coming online in phases from later in 2026.

- Tags: neocloud, cloud-capacity, inference
- Announced: 2026-04-10
- Buyer: Anthropic
- Seller / provider: CoreWeave
- Value: not published
- Value note: Value not disclosed by CoreWeave; Bloomberg also reported no financial details.
- Capacity: not published
- Accelerators: not published
- Chips: not published
- Term: not published
- Status: signed
- Other parties: not published

Sources:
1. CoreWeave Announces Multi-Year Agreement With Anthropic (CoreWeave) https://coreweave.com/news/coreweave-announces-multi-year-agreement-with-anthropic (accessed 2026-11-09)

## Anthropic–Google Cloud up to 1 million TPUs

URL: https://aicomputedeals.com/anthropic-google-tpu-1m-2025-10/
Website: https://www.anthropic.com/news/expanding-our-use-of-google-cloud-tpus-and-services
Verified: 2026-11-09

Anthropic expanded its use of Google Cloud to up to one million TPUs, a deal worth tens of billions of dollars. It brings well over a gigawatt of capacity online in 2026.

- Tags: cloud-capacity, chip-supply
- Announced: 2025-10-23
- Buyer: Anthropic
- Seller / provider: Google Cloud
- Value: not published
- Value note: "Worth tens of billions of dollars" per Anthropic; exact value not disclosed. Expanded in 2026: see the Google–Broadcom TPU deal and the Google Cloud hosting commitment disclosed in Anthropic's S-1.
- Capacity: 1 GW
- Accelerators: 1,000,000 chips
- Chips: Google TPU (Ironwood)
- Term: not published
- Status: expanded
- Other parties: not published

Sources:
1. Expanding our use of Google Cloud TPUs and Services (Anthropic) https://www.anthropic.com/news/expanding-our-use-of-google-cloud-tpus-and-services (accessed 2026-11-09)

## Anthropic–Google–Broadcom multi-gigawatt TPU deal from 2027

URL: https://aicomputedeals.com/anthropic-google-broadcom-tpu-2026-04/
Website: https://www.anthropic.com/news/google-broadcom-partnership-compute
Verified: 2026-11-09

Anthropic signed a deal with Google and Broadcom for multiple gigawatts of next-generation TPU capacity from 2027, mostly in the US. A Broadcom SEC filing put its part at about 3.5 GW, contingent on Anthropic's continued commercial success.

- Tags: chip-supply, cloud-capacity, custom-silicon
- Announced: 2026-04-06
- Buyer: Anthropic
- Seller / provider: Google; Broadcom
- Value: not published
- Value note: Not disclosed. Broadcom's 8-K (6 Apr 2026): about 3.5 GW from 2027, dependent on Anthropic's continued commercial success. Anthropic's S-1/A lists five-year Broadcom equipment leases for TPU capacity with rent of about $161.2 billion in total (all Broadcom leases, not only this deal).
- Capacity: 3.5 GW
- Accelerators: not published
- Chips: Google TPU (next generation)
- Term: not published
- Status: signed
- Other parties: not published

Sources:
1. Anthropic expands partnership with Google and Broadcom (Anthropic) https://www.anthropic.com/news/google-broadcom-partnership-compute (accessed 2026-11-09)
2. Broadcom Form 8-K (SEC, 6 Apr 2026) https://www.sec.gov/Archives/edgar/data/1730168/000119312526144028/d87999d8k.htm (accessed 2026-11-09)
3. Anthropic, PBC Form S-1/A, Amendment No. 1 (SEC, 2 Nov 2026) https://www.sec.gov/Archives/edgar/data/2130357/000162828026068676/anthropicpbc-sx1ax1.htm (accessed 2026-11-09)

## Anthropic–Lambda compute agreements (~$41.3B)

URL: https://aicomputedeals.com/anthropic-lambda-41b-2026-08/
Website: https://www.sec.gov/Archives/edgar/data/2130357/000162828026068676/anthropicpbc-sx1ax1.htm
Verified: 2026-11-09

Anthropic signed agreements with Lambda in May, June and August 2026 for NVIDIA GPU compute worth about $41.3 billion over terms into 2034. The August agreement, about $34.9 billion, covers a Hut 8-built Texas campus leased by NVIDIA.

- Tags: neocloud, cloud-capacity, sec-filing
- Announced: 2026-08-31
- Buyer: Anthropic
- Seller / provider: Lambda
- Value: 41,300,000,000 USD
- Value note: About $41.3 billion in aggregate per Anthropic's S-1/A; the August 2026 agreement is about $34.9 billion (reported at signing as $35 billion) and either party may exit if Lambda does not secure the facility lease in time.
- Capacity: not published
- Accelerators: not published
- Chips: NVIDIA
- Term: not published
- Status: signed
- Other parties: Hut 8 (data center developer); NVIDIA (facility lessee)

Sources:
1. Anthropic, PBC Form S-1/A, Amendment No. 1 (SEC, 2 Nov 2026) https://www.sec.gov/Archives/edgar/data/2130357/000162828026068676/anthropicpbc-sx1ax1.htm (accessed 2026-11-09)
2. Anthropic and Lambda Sign $35 Billion Compute Agreement (Winzheng) https://www.winzheng.com/en/article/anthropic-lambda-35-billion-compute-deal-nvidia-hut8-texas (accessed 2026-11-09)

## Anthropic–Microsoft–NVIDIA: $30B Azure commitment, up to $15B investment

URL: https://aicomputedeals.com/anthropic-microsoft-nvidia-azure-2025-11/
Website: https://www.anthropic.com/news/microsoft-nvidia-anthropic-announce-strategic-partnerships
Verified: 2026-11-09

Anthropic committed to buy $30 billion of Azure compute, initially up to 1 GW on NVIDIA Grace Blackwell and Vera Rubin systems. NVIDIA and Microsoft committed to invest up to $10 billion and $5 billion in Anthropic.

- Tags: cloud-capacity, equity-for-compute
- Announced: 2025-11-18
- Buyer: Anthropic
- Seller / provider: Microsoft (Azure)
- Value: 30,000,000,000 USD
- Value note: $30 billion Azure compute purchase commitment at announcement. Investments: NVIDIA up to $10B, Microsoft up to $5B. Amended between February and October 2026 to a minimum spend of at least $44.9 billion between November 2026 and June 2033, per Anthropic's S-1/A.
- Capacity: 1 GW
- Accelerators: not published
- Chips: NVIDIA Grace Blackwell, Vera Rubin
- Term: not published
- Status: expanded
- Other parties: NVIDIA (investor, up to $10B)

Sources:
1. Microsoft, NVIDIA and Anthropic announce strategic partnerships (Anthropic) https://www.anthropic.com/news/microsoft-nvidia-anthropic-announce-strategic-partnerships (accessed 2026-11-09)
2. Anthropic, PBC Form S-1/A, Amendment No. 1 (SEC, 2 Nov 2026) https://www.sec.gov/Archives/edgar/data/2130357/000162828026068676/anthropicpbc-sx1ax1.htm (accessed 2026-11-09)

## Anthropic–Nscale GPU services agreements (up to ~$44.6B)

URL: https://aicomputedeals.com/anthropic-nscale-44b-2026-08/
Website: https://w.media/anthropic-strikes-us-45-billion-ai-compute-deal-with-nscale-reports/
Verified: 2026-11-09

Anthropic signed GPU services agreements with Nscale worth up to about $44.6 billion over terms into 2033, reported as about 460 MW at an Nscale campus in West Virginia due online by end-2027.

- Tags: neocloud, cloud-capacity, sec-filing
- Announced: 2026-08-26
- Buyer: Anthropic
- Seller / provider: Nscale
- Value: 44,600,000,000 USD
- Value note: Up to approximately $44.6 billion, fees accruing only as capacity is delivered (Anthropic S-1/A); first reported by Bloomberg and CNBC as about $45 billion. Nscale must secure financing within a set period. 460 MW is from CNBC's sources.
- Capacity: 0.46 GW
- Accelerators: not published
- Chips: NVIDIA
- Term: not published
- Status: signed
- Other parties: not published

Sources:
1. Anthropic strikes US$45 billion AI compute deal with Nscale: Reports (W.Media) https://w.media/anthropic-strikes-us-45-billion-ai-compute-deal-with-nscale-reports/ (accessed 2026-11-09)
2. Anthropic, PBC Form S-1/A, Amendment No. 1 (SEC, 2 Nov 2026) https://www.sec.gov/Archives/edgar/data/2130357/000162828026068676/anthropicpbc-sx1ax1.htm (accessed 2026-11-09)

## Anthropic–OnePWR $3.4B gas generators (1.7 GW)

URL: https://aicomputedeals.com/anthropic-onepwr-gas-generators-2026-09/
Website: https://seekingalpha.com/news/4668761-anthropic-strikes-3_4b-generator-deal-to-secure-data-center-power-ft
Verified: 2026-11-09

Anthropic agreed to spend about $3.4 billion on 1.7 GW of gas-fired generators from Texas supplier OnePWR Solutions, taking over orders OnePWR had placed with Caterpillar, according to the Financial Times. The deal includes engineering and construction to install the equipment.

- Tags: power
- Announced: 2026-09-30
- Buyer: Anthropic
- Seller / provider: OnePWR Solutions
- Value: 3,400,000,000 USD
- Value note: Reported value (Financial Times). Generator capacity 1.7 GW; site undisclosed. Agreed in late September 2026 (exact day not reported).
- Capacity: not published
- Accelerators: not published
- Chips: not published
- Term: not published
- Status: signed
- Other parties: Caterpillar (generator manufacturer)

Sources:
1. Anthropic strikes $3.4B generator deal to secure data center power: FT (Seeking Alpha) https://seekingalpha.com/news/4668761-anthropic-strikes-3_4b-generator-deal-to-secure-data-center-power-ft (accessed 2026-11-09)
2. Anthropic Buys $3.4bn In Gas Generators For Data Centres (Dataconomy) https://dataconomy.com/2026/11/09/anthropic-buys-34bn-in-gas-generators-for-data-centres/ (accessed 2026-11-09)

## Anthropic's $121.3B minimum Google Cloud TPU hosting commitment

URL: https://aicomputedeals.com/anthropic-google-cloud-hosting-121b-2026-10/
Website: https://www.sec.gov/Archives/edgar/data/2130357/000162828026068676/anthropicpbc-sx1ax1.htm
Verified: 2026-11-09

Anthropic's IPO filing disclosed a March 2026 CSP hosting agreement with Google, amended through October, committing it to spend at least about $121.3 billion between April 2026 and July 2033. It also expects $125–150 billion more for TPU compute delivered 2028–2031.

- Tags: cloud-capacity, sec-filing
- Announced: 2026-10-26
- Buyer: Anthropic
- Seller / provider: Google Cloud
- Value: 121,300,000,000 USD
- Value note: Minimum spend of about $121.3 billion, April 2026–July 2033, with a true-up (S-1/A). Signed March 2026 and amended May–Oct 2026; first disclosed in the S-1 filed 26 Oct 2026. Excludes an estimated $125–150 billion for additional TPU compute in 2028–2031. Likely overlaps the April 2026 Google–Broadcom TPU announcement.
- Capacity: not published
- Accelerators: not published
- Chips: Google TPU
- Term: 7 years
- Status: signed
- Other parties: not published

Sources:
1. Anthropic, PBC Form S-1/A, Amendment No. 1 (SEC, 2 Nov 2026) https://www.sec.gov/Archives/edgar/data/2130357/000162828026068676/anthropicpbc-sx1ax1.htm (accessed 2026-11-09)

## Applied Digital 210 MW, 15-year Delta Forge 2 lease with a hyperscaler

URL: https://aicomputedeals.com/hyperscaler-applied-digital-delta-forge-2-2026-06/
Website: https://www.sec.gov/Archives/edgar/data/1144879/000114487926000057/apldq127earningsrelease.htm
Verified: 2026-11-09

Applied Digital signed a 15-year, 210 MW lease at Delta Forge 2 with an unnamed investment-grade hyperscaler, worth about $5.2 billion over the base term.

- Tags: datacenter-lease, sec-filing
- Announced: 2026-06-08
- Buyer: Undisclosed hyperscaler
- Seller / provider: Applied Digital
- Value: 5,200,000,000 USD
- Value note: Approximate base-term contracted revenue.
- Capacity: 0.21 GW
- Accelerators: not published
- Chips: not published
- Term: 15 years
- Status: signed
- Other parties: not published

Sources:
1. Applied Digital fiscal Q1 2027 earnings release, 8-K (SEC) https://www.sec.gov/Archives/edgar/data/1144879/000114487926000057/apldq127earningsrelease.htm (accessed 2026-11-09)

## Applied Digital–CoreWeave 15-year leases at Polaris Forge 1

URL: https://aicomputedeals.com/applied-digital-coreweave-polaris-forge-2025-06/
Website: https://www.theregister.com/2025/06/02/coreweave_applied_digital_nd/
Verified: 2026-11-09

CoreWeave signed two roughly 15-year leases for 250 MW at Applied Digital's Ellendale, North Dakota campus, worth about $7 billion in contracted revenue. CoreWeave later took a further 150 MW, lifting the total to 400 MW and about $11 billion.

- Tags: datacenter-lease, neocloud
- Announced: 2025-06-02
- Buyer: CoreWeave
- Seller / provider: Applied Digital
- Value: 7,000,000,000 USD
- Value note: About $7 billion over ~15 years for the initial 250 MW. After the 150 MW option was exercised, total expected lease revenue is about $11 billion for 400 MW.
- Capacity: 0.25 GW
- Accelerators: not published
- Chips: not published
- Term: 15 years
- Status: expanded
- Other parties: not published

Sources:
1. CoreWeave signs megalease at Applied Digital (The Register) https://www.theregister.com/2025/06/02/coreweave_applied_digital_nd/ (accessed 2026-11-09)
2. Applied Digital fiscal Q4 2025 results, 8-K Ex. 99 (SEC, 30 Jul 2025) https://www.sec.gov/Archives/edgar/data/1144879/000114487925000019/apldq425earningsrelease.htm (accessed 2026-11-09)

## AWS–Cipher Mining $5.5B 15-year lease (300 MW)

URL: https://aicomputedeals.com/aws-cipher-mining-lease-2025-11/
Website: https://www.sec.gov/Archives/edgar/data/1819989/000181998925000110/nov3_earningspressreleasex.htm
Verified: 2026-11-09

Cipher Mining signed a 15-year lease worth about $5.5 billion to provide AWS with 300 MW of turnkey space and power for AI workloads. Delivery runs in two phases from July 2026, with rent from August 2026.

- Tags: datacenter-lease
- Announced: 2025-11-03
- Buyer: Amazon (AWS)
- Seller / provider: Cipher Mining
- Value: 5,500,000,000 USD
- Value note: About $5.5 billion over 15 years.
- Capacity: 0.3 GW
- Accelerators: not published
- Chips: not published
- Term: 15 years
- Status: signed
- Other parties: not published

Sources:
1. Cipher Mining Q3 2025 results, 8-K Ex. 99 (SEC, 3 Nov 2025) https://www.sec.gov/Archives/edgar/data/1819989/000181998925000110/nov3_earningspressreleasex.htm (accessed 2026-11-09)
2. Cipher Mining announces $5.5B 15-year lease with AWS (TheFly) https://www.tipranks.com/news/the-fly/cipher-mining-announces-5-5b-15-year-lease-agreement-with-aws-thefly (accessed 2026-11-09)

## Cipher Mining–Fluidstack 168 MW Barber Lake lease, Google backstop

URL: https://aicomputedeals.com/cipher-fluidstack-google-barber-lake-2025-09/
Website: https://www.sec.gov/Archives/edgar/data/1819989/000095010325012168/dp234624_ex9901.htm
Verified: 2026-11-09

Cipher Mining signed a 10-year AI hosting deal with Fluidstack for 168 MW of critical IT load at Barber Lake, Texas, worth about $3 billion in contracted revenue. Google backstops $1.4 billion of Fluidstack's lease and took warrants for about 5.4% of Cipher.

- Tags: datacenter-lease, backstop, equity-for-compute
- Announced: 2025-09-25
- Buyer: Fluidstack
- Seller / provider: Cipher Mining
- Value: 3,000,000,000 USD
- Value note: About $3 billion of contracted revenue over the initial 10-year term; two five-year extensions could add about $7 billion. 168 MW critical IT (244 MW gross). A Nov 2025 39 MW add-on brought about $830 million more, lifting the partnership to about $3.8 billion and Google's backstop to $1.73 billion.
- Capacity: 0.168 GW
- Accelerators: not published
- Chips: not published
- Term: 10 years
- Status: expanded
- Other parties: Google (backstop; warrants for ~24 million Cipher shares, ~5.4%)

Sources:
1. Cipher Mining Signs 168 MW, 10-Year AI Hosting Agreement with Fluidstack, 8-K Ex. 99.1 (SEC) https://www.sec.gov/Archives/edgar/data/1819989/000095010325012168/dp234624_ex9901.htm (accessed 2026-11-09)
2. Cipher Mining 39 MW Fluidstack add-on, 8-K Ex. 99.1 (SEC, 20 Nov 2025) https://www.sec.gov/Archives/edgar/data/1819989/000095010325015073/dp237633_ex9901.htm (accessed 2026-11-09)

## CoreWeave exercises 260 MW Helios Phase II option

URL: https://aicomputedeals.com/coreweave-galaxy-helios-phase2-2025-05/
Website: https://www.sec.gov/Archives/edgar/data/1859392/000185939225000007/glxy-20250331xpressrelease.htm
Verified: 2026-11-09

CoreWeave exercised its option for about 260 MW more critical IT load at Galaxy's Helios campus on 15-year terms, with deliveries from 2027.

- Tags: datacenter-lease, neocloud, sec-filing
- Announced: 2025-05-13
- Buyer: CoreWeave
- Seller / provider: Galaxy Digital
- Value: 10,400,000,000 USD
- Value note: Minimum contracted lease payments for Phase II per Galaxy's July 2026 note-offering deck ($675 million annual base revenue). Galaxy funded construction with $3.507 billion of 9.875% notes due 2031 (July 2026).
- Capacity: 0.26 GW
- Accelerators: not published
- Chips: not published
- Term: 15 years
- Status: expanded
- Other parties: not published

Sources:
1. Galaxy Q1 2025 results, 8-K (SEC) https://www.sec.gov/Archives/edgar/data/1859392/000185939225000007/glxy-20250331xpressrelease.htm (accessed 2026-11-09)
2. Galaxy Helios Data Centers II investor presentation, July 2026, 8-K (SEC) https://www.sec.gov/Archives/edgar/data/1859392/000185939226000068/launch8-kexhibit99172226.htm (accessed 2026-11-09)

## CoreWeave takes the rest of Helios (526 MW critical IT in total)

URL: https://aicomputedeals.com/coreweave-galaxy-helios-full-2025-08/
Website: https://www.sec.gov/Archives/edgar/data/1859392/000185939225000032/glxy-20250630xpressrelease.htm
Verified: 2026-11-09

CoreWeave exercised its final option for another 133 MW at Helios, committing to all 800 MW of approved gross power (526 MW critical IT) under 15-year leases.

- Tags: datacenter-lease, neocloud, sec-filing
- Announced: 2025-08-05
- Buyer: CoreWeave
- Seller / provider: Galaxy Digital
- Value: not published
- Value note: Capacity shown is this final 133 MW option; the campus total is 526 MW critical IT. Galaxy expects over $1 billion average annual revenue across the three phases and puts total potential value above $30 billion with extensions. Phase III rent starts in 2028.
- Capacity: 0.133 GW
- Accelerators: not published
- Chips: not published
- Term: 15 years
- Status: signed
- Other parties: not published

Sources:
1. Galaxy Q2 2025 results, 8-K (SEC) https://www.sec.gov/Archives/edgar/data/1859392/000185939225000032/glxy-20250630xpressrelease.htm (accessed 2026-11-09)
2. Galaxy Q3 2026 overview, 8-K (SEC) https://www.sec.gov/Archives/edgar/data/1859392/000185939226000108/exhibit992-glxyq32026ove.htm (accessed 2026-11-09)

## CoreWeave–Galaxy Digital 15-year, 133 MW Helios lease

URL: https://aicomputedeals.com/coreweave-galaxy-helios-2025-03/
Website: https://www.sec.gov/Archives/edgar/data/1859392/000185939225000007/glxy-20250331xpressrelease.htm
Verified: 2026-11-09

CoreWeave signed a 15-year lease for 133 MW of critical IT load at Galaxy's Helios campus in Dickens County, Texas. Galaxy delivered the full 133 MW in Q2 2026.

- Tags: datacenter-lease, neocloud, sec-filing
- Announced: 2025-03-28
- Buyer: CoreWeave
- Seller / provider: Galaxy Digital
- Value: not published
- Value note: No total disclosed. Galaxy's Q3 2026 deck gives Phase I annual base revenue of $315 million. Two five-year extension options.
- Capacity: 0.133 GW
- Accelerators: not published
- Chips: not published
- Term: 15 years
- Status: expanded
- Other parties: not published

Sources:
1. Galaxy Q1 2025 results, 8-K (SEC) https://www.sec.gov/Archives/edgar/data/1859392/000185939225000007/glxy-20250331xpressrelease.htm (accessed 2026-11-09)
2. Galaxy Q3 2026 overview, 8-K (SEC) https://www.sec.gov/Archives/edgar/data/1859392/000185939226000108/exhibit992-glxyq32026ove.htm (accessed 2026-11-09)

## CoreWeave's $9B all-stock bid for Core Scientific (rejected)

URL: https://aicomputedeals.com/coreweave-core-scientific-acquisition-2025-07/
Website: https://siliconangle.com/2025/10/30/core-scientific-shareholders-dismiss-9b-coreweave-deal-valuation-worries/
Verified: 2026-11-09

CoreWeave agreed to buy data center operator Core Scientific in an all-stock deal valued at about $9 billion to own the power and sites behind its leases. Core Scientific shareholders voted it down on 30 October 2025 and the merger was terminated.

- Tags: datacenter-acquisition, neocloud
- Announced: 2025-07-07
- Buyer: CoreWeave
- Seller / provider: Core Scientific
- Value: 9,000,000,000 USD
- Value note: About $9 billion all-stock; 0.1235 CoreWeave shares per Core Scientific share, implying $20.40 per share at announcement.
- Capacity: not published
- Accelerators: not published
- Chips: not published
- Term: not published
- Status: cancelled
- Other parties: Two Seas Capital (activist Core Scientific investor, opposed); ISS recommended against

Sources:
1. Core Scientific shareholders dismiss $9B CoreWeave deal (SiliconANGLE) https://siliconangle.com/2025/10/30/core-scientific-shareholders-dismiss-9b-coreweave-deal-valuation-worries/ (accessed 2026-11-09)
2. CoreWeave's acquisition of Core Scientific fails (Yahoo Finance) https://finance.yahoo.com/news/core-scientific-8217-merger-coreweave-144146009.html (accessed 2026-11-09)
3. CoreWeave to acquire Core Scientific, 8-K Ex. 99.1 (SEC, 7 Jul 2025) https://www.sec.gov/Archives/edgar/data/1769628/000095010325008492/dp231291_ex9901.htm (accessed 2026-11-09)
4. CoreWeave Form 8-K on merger termination (SEC, 30 Oct 2025) https://www.sec.gov/Archives/edgar/data/1769628/000095010325014006/dp236631_8k.htm (accessed 2026-11-09)

## Figure–Nscale $3.5B compute deal (up to 100,000 Vera Rubin GPUs)

URL: https://aicomputedeals.com/figure-nscale-3-5b-2026-09/
Website: https://www.nscale.com/press-releases/nscale-and-figure
Verified: 2026-11-09

Figure signed a multi-year deal with Nscale: an initial $3.5 billion compute commitment, intended to scale past $6 billion, for up to 100,000 NVIDIA Vera Rubin GPUs in Barstow, Texas, from the second half of 2027. Nscale also invests in Figure and becomes its preferred compute provider.

- Tags: neocloud, cloud-capacity, equity-for-compute
- Announced: 2026-09-03
- Buyer: Figure
- Seller / provider: Nscale
- Value: 3,500,000,000 USD
- Value note: Initial compute commitment; the companies intend to scale it to over $6 billion. Size of Nscale's equity investment in Figure not disclosed.
- Capacity: not published
- Accelerators: 100,000 chips
- Chips: NVIDIA Vera Rubin
- Term: not published
- Status: signed
- Other parties: NVIDIA (platform)

Sources:
1. Nscale and Figure Sign Strategic Partnership to Power the Next Generation of Physical AI (Nscale) https://www.nscale.com/press-releases/nscale-and-figure (accessed 2026-11-09)
2. Nscale and Figure sign strategic partnership (TelecomTV) https://www.telecomtv.com/content/digital-platforms-services/nscale-and-figure-sign-strategic-partnership-to-power-the-next-generation-of-physical-ai-56173/ (accessed 2026-11-09)

## Google rents ~110,000 NVIDIA GPUs from SpaceX at $920M a month

URL: https://aicomputedeals.com/google-spacex-cloud-2026-06/
Website: https://www.sec.gov/Archives/edgar/data/1181412/000162828026041150/spacexagreementfwp.htm
Verified: 2026-11-09

SpaceX signed a cloud services agreement giving Google about 110,000 NVIDIA GPUs plus CPUs and memory. Google pays $920 million a month from October 2026 through June 2029, with a reduced fee while capacity ramps.

- Tags: cloud-capacity, sec-filing
- Announced: 2026-06-05
- Buyer: Google
- Seller / provider: SpaceX (SpaceXAI, formerly xAI)
- Value: not published
- Value note: $920 million per month from Oct 2026 through June 2029 (roughly $30 billion if it runs the full term). Google may exit or take a pro-rata cut if SpaceX misses the 30 Sept 2026 delivery date; after 31 Dec 2026 either party may end it on 90 days' notice.
- Capacity: not published
- Accelerators: 110,000 chips
- Chips: NVIDIA
- Term: not published
- Status: signed
- Other parties: not published

Sources:
1. SpaceX free writing prospectus on the Google Cloud Service Agreement (SEC, 5 Jun 2026) https://www.sec.gov/Archives/edgar/data/1181412/000162828026041150/spacexagreementfwp.htm (accessed 2026-11-09)
2. SpaceX Says a Mystery AI Customer Adds $1.11 Billion a Month (Yahoo Finance) https://finance.yahoo.com/technology/ai/articles/spacex-says-mystery-ai-customer-104230984.html (accessed 2026-11-09)

## Google–Constellation 20-year PPA backing 890 MW of nuclear uprates

URL: https://aicomputedeals.com/google-constellation-uprates-ppa-2026-10/
Website: https://www.ans.org/news/2026-10-06/article-8467/
Verified: 2026-11-09

Google signed a 20-year PPA that lets Constellation invest over $4.3 billion to add about 890 MW across 11 nuclear units in Illinois, Pennsylvania and New Jersey, with the first uprate by 2028. Google also signed a 15-year, 2,700 MW load-following supply agreement in PJM.

- Tags: power, nuclear, sec-filing
- Announced: 2026-10-06
- Buyer: Google
- Seller / provider: Constellation Energy
- Value: not published
- Value note: Contract value not disclosed; $4.3 billion+ is Constellation's planned investment. Plant size: about 890 MW of new uprate capacity across 11 units, plus a separate 15-year 2,700 MW energy agreement.
- Capacity: not published
- Accelerators: not published
- Chips: not published
- Term: 20 years
- Status: signed
- Other parties: not published

Sources:
1. Google, Constellation reach 11-unit uprate plan (ANS Nuclear News) https://www.ans.org/news/2026-10-06/article-8467/ (accessed 2026-11-09)
2. Constellation Q3 2026 earnings release, 8-K (SEC) https://www.sec.gov/Archives/edgar/data/1868275/000186827526000116/ceg-20261109991.htm (accessed 2026-11-09)

## Google–Kairos Power 500 MW small modular reactor fleet

URL: https://aicomputedeals.com/google-kairos-smr-2024-10/
Website: https://world-nuclear-news.org/articles/google-and-kairos-power-team-up-for-smr-deployments-in-us-first
Verified: 2026-11-09

Google signed a master plant development agreement to buy power from a fleet of Kairos Power advanced reactors. The first unit is targeted for 2030 and the fleet for 500 MW by 2035.

- Tags: power, nuclear
- Announced: 2024-10-14
- Buyer: Google
- Seller / provider: Kairos Power
- Value: not published
- Value note: 0.5 GW of planned small modular reactor output from seven reactors; generation bought by Google, not delivered data center capacity. Financial terms not disclosed. First project (Hermes 2, up to 50 MW, sold via TVA) announced Aug 2025.
- Capacity: not published
- Accelerators: not published
- Chips: not published
- Term: not published
- Status: signed
- Other parties: not published

Sources:
1. Google and Kairos Power team up for SMR deployments (World Nuclear News) https://world-nuclear-news.org/articles/google-and-kairos-power-team-up-for-smr-deployments-in-us-first (accessed 2026-11-09)
2. Google signs world-first deal to buy power from SMRs (NucNet) https://www.nucnet.org/news/google-signs-world-first-deal-to-buy-power-from-small-modular-reactors-for-data-centres-10-2-2024 (accessed 2026-11-09)
3. Google, Kairos Power, TVA announce collaboration (World Nuclear News) https://world-nuclear-news.org/articles/google-kairos-power-tva-announce-collaboration (accessed 2026-11-09)

## Google–NextEra 25-year PPA to restart Duane Arnold nuclear plant

URL: https://aicomputedeals.com/google-nextera-duane-arnold-2025-10/
Website: https://www.powermag.com/google-has-deal-with-nextera-to-restart-duane-arnold-nuclear-plant/
Verified: 2026-11-09

Google signed a 25-year power purchase agreement for the 615 MW Duane Arnold plant in Iowa, shut since 2020. NextEra targets a restart as soon as early 2029, subject to approvals.

- Tags: power, nuclear
- Announced: 2025-10-27
- Buyer: Google
- Seller / provider: NextEra Energy
- Value: not published
- Value note: 0.615 GW plant (Duane Arnold Energy Center restart); Google buys its output, not delivered data center capacity. Financial terms not disclosed.
- Capacity: not published
- Accelerators: not published
- Chips: not published
- Term: 25 years
- Status: signed
- Other parties: CIPCO (buys remaining output; selling its stake to NextEra), Corn Belt Power Cooperative

Sources:
1. Google Has Deal with NextEra to Restart Duane Arnold (POWER) https://www.powermag.com/google-has-deal-with-nextera-to-restart-duane-arnold-nuclear-plant/ (accessed 2026-11-09)

## HUMAIN expands NVIDIA deal to up to 600,000 GPUs

URL: https://aicomputedeals.com/humain-nvidia-600k-gpus-2025-11/
Website: https://www.prnewswire.com/news-releases/humain-expands-strategic-partnership-with-nvidia-advancing-global-ai-infrastructure-with-xai-global-ai-and-aws-at-the-us-saudi-investment-forum-302620854.html
Verified: 2026-11-09

At the U.S.-Saudi Investment Forum, HUMAIN said it will deploy up to 600,000 NVIDIA GPUs, including GB300, across Saudi Arabia and the US over three years.

- Tags: chip-supply, datacenter-buildout
- Announced: 2025-11-19
- Buyer: HUMAIN
- Seller / provider: NVIDIA
- Value: not published
- Value note: No dollar value disclosed. 'Up to' 600,000 GPUs; Saudi/US split not given.
- Capacity: not published
- Accelerators: 600,000 chips
- Chips: NVIDIA GB300 and later platforms
- Term: 3 years
- Status: expanded
- Other parties: AWS (up to 150,000 NVIDIA GPUs in a Riyadh AI Zone); Global AI (US data centers)

Sources:
1. HUMAIN Expands Strategic Partnership with NVIDIA (PR Newswire) https://www.prnewswire.com/news-releases/humain-expands-strategic-partnership-with-nvidia-advancing-global-ai-infrastructure-with-xai-global-ai-and-aws-at-the-us-saudi-investment-forum-302620854.html (accessed 2026-11-09)
2. Elon Musk's xAI will be first customer for Nvidia-backed data center in Saudi Arabia (CNBC) https://www.cnbc.com/2025/11/19/musks-xai-will-be-customer-for-nvidia-data-center-in-saudi-arabia.html (accessed 2026-11-09)

## HUMAIN–NVIDIA AI factories in Saudi Arabia (up to 500 MW)

URL: https://aicomputedeals.com/humain-nvidia-500mw-2025-05/
Website: https://nvidianews.nvidia.com/news/humain-and-nvidia-announce-strategic-partnership-to-build-ai-factories-of-the-future-in-saudi-arabia
Verified: 2026-11-09

HUMAIN, owned by Saudi Arabia's PIF, will build AI factories of up to 500 MW with several hundred thousand NVIDIA GPUs over five years. The first phase is an 18,000-GPU GB300 supercomputer.

- Tags: chip-supply, datacenter-buildout
- Announced: 2025-05-13
- Buyer: HUMAIN
- Seller / provider: NVIDIA
- Value: not published
- Value note: No dollar value disclosed. 18,000 GPUs is the first phase.
- Capacity: 0.5 GW
- Accelerators: 18,000 chips
- Chips: NVIDIA GB300
- Term: 5 years
- Status: expanded
- Other parties: not published

Sources:
1. HUMAIN and NVIDIA Announce Strategic Partnership (NVIDIA) https://nvidianews.nvidia.com/news/humain-and-nvidia-announce-strategic-partnership-to-build-ai-factories-of-the-future-in-saudi-arabia (accessed 2026-11-09)

## IREN signs $2.8B of new multi-year AI cloud contracts

URL: https://aicomputedeals.com/ai-developers-iren-2-8b-2026-07/
Website: https://www.sec.gov/Archives/edgar/data/1878848/000114036126028871/ef20078253_ex99-1.htm
Verified: 2026-11-09

IREN signed new multi-year AI cloud contracts worth $2.8 billion with AI developers, including a new unnamed leading AI developer, and raised its year-end 2026 ARR target to over $4 billion.

- Tags: neocloud, cloud-capacity, sec-filing
- Announced: 2026-07-20
- Buyer: Undisclosed AI developers
- Seller / provider: IREN
- Value: 2,800,000,000 USD
- Value note: Total contract value of the new contracts. Customer prepayments cover about 45% of the GPU capex.
- Capacity: not published
- Accelerators: not published
- Chips: not published
- Term: not published
- Status: signed
- Other parties: not published

Sources:
1. IREN Signs $2.8bn in New Customer Contracts with Leading AI Developers, 8-K Ex. 99.1 (SEC) https://www.sec.gov/Archives/edgar/data/1878848/000114036126028871/ef20078253_ex99-1.htm (accessed 2026-11-09)

## Jane Street–CoreWeave ~$6B AI cloud commitment

URL: https://aicomputedeals.com/jane-street-coreweave-6b-2026-04/
Website: https://www.sec.gov/Archives/edgar/data/0001769628/000176962826000167/ex991.htm
Verified: 2026-11-09

Trading firm Jane Street committed about $6 billion to CoreWeave's AI cloud, including NVIDIA Vera Rubin capacity across multiple sites. Jane Street also bought $1 billion of CoreWeave stock at $109 a share.

- Tags: cloud-capacity, neocloud, equity-for-compute
- Announced: 2026-04-15
- Buyer: Jane Street
- Seller / provider: CoreWeave
- Value: 6,000,000,000 USD
- Value note: Approximately $6 billion cloud commitment; plus $1 billion equity purchase at $109.00 per share. Term not disclosed.
- Capacity: not published
- Accelerators: not published
- Chips: NVIDIA Vera Rubin
- Term: not published
- Status: expanded
- Other parties: not published

Sources:
1. CoreWeave and Jane Street press release, 8-K Ex. 99.1 (SEC) https://www.sec.gov/Archives/edgar/data/0001769628/000176962826000167/ex991.htm (accessed 2026-11-09)

## Meta–AMD 6 GW GPU deal with 160M-share warrant

URL: https://aicomputedeals.com/meta-amd-6gw-2026-02/
Website: https://builtin.com/articles/meta-amd-ai-infrastructure-deal-20260224
Verified: 2026-11-09

Meta agreed to deploy up to 6 GW of AMD Instinct GPUs, starting with 1 GW of MI450 in the second half of 2026. AMD issued Meta a performance-based warrant for up to 160 million AMD shares, mirroring the OpenAI deal.

- Tags: chip-supply, equity-for-compute
- Announced: 2026-02-24
- Buyer: Meta
- Seller / provider: AMD
- Value: not published
- Value note: Not disclosed. WSJ reported over $100 billion. AMD's 8-K binds only the initial 1 GW; 6 GW is what full warrant vesting requires. Warrant for 160 million shares expires Feb 2031; last tranche tied to a $600 AMD share price.
- Capacity: 6 GW
- Accelerators: not published
- Chips: AMD Instinct MI450
- Term: not published
- Status: signed
- Other parties: not published

Sources:
1. Meta and AMD Announce New AI Infrastructure Deal (Built In) https://builtin.com/articles/meta-amd-ai-infrastructure-deal-20260224 (accessed 2026-11-09)
2. Meta signs major AI infrastructure deal with AMD (Notebookcheck) https://www.notebookcheck.net/Meta-signs-major-AI-infrastructure-deal-with-AMD.1234284.0.html (accessed 2026-11-09)
3. AMD Form 8-K (SEC, 24 Feb 2026) https://www.sec.gov/Archives/edgar/data/2488/000000248826000045/amd-20260223.htm (accessed 2026-11-09)

## Meta–Blue Owl $27B Hyperion data center joint venture

URL: https://aicomputedeals.com/meta-blue-owl-hyperion-2025-10/
Website: https://about.fb.com/news/2025/10/meta-blue-owl-capital-develop-hyperion-data-center/
Verified: 2026-11-09

Meta and Blue Owl-managed funds formed a joint venture to build and own the Hyperion AI campus in Richland Parish, Louisiana, about $27 billion of development. Blue Owl owns 80%, Meta 20%, and Meta leases the campus with a 16-year residual value guarantee.

- Tags: datacenter-lease, datacenter-financing
- Announced: 2025-10-21
- Buyer: Meta
- Seller / provider: Blue Owl Capital (JV)
- Value: 27,000,000,000 USD
- Value note: About $27 billion total development cost. Blue Owl funds contributed ~$7B cash; Meta received ~$3B one-time distribution. Reports differ on the debt/equity split (one cites $27B debt led by PIMCO).
- Capacity: not published
- Accelerators: not published
- Chips: not published
- Term: not published
- Status: signed
- Other parties: PIMCO (led $27B bond issue, reported)

Sources:
1. Meta and Blue Owl Capital to develop Hyperion data center (Meta Newsroom) https://about.fb.com/news/2025/10/meta-blue-owl-capital-develop-hyperion-data-center/ (accessed 2026-11-09)
2. Meta Pushes Its Largest Data Center Project Off Its Books (Bisnow) https://www.bisnow.com/news/national/data-center-capital-markets/meta-pushes-its-largest-data-center-project-off-its-books-with-27b-joint-venture-131490 (accessed 2026-11-09)

## Meta–Constellation 20-year PPA for Clinton nuclear plant

URL: https://aicomputedeals.com/meta-constellation-clinton-ppa-2025-06/
Website: https://www.publicpower.org/node/27701
Verified: 2026-11-09

Meta signed a 20-year power purchase agreement for the clean energy attributes of Constellation's Clinton Clean Energy Center in Illinois. The deal keeps the plant running after state subsidies end in 2027 and adds a 30 MW uprate.

- Tags: power, nuclear
- Announced: 2025-06-03
- Buyer: Meta
- Seller / provider: Constellation Energy
- Value: not published
- Value note: 1.121 GW plant (Clinton Clean Energy Center); clean-energy attributes, not delivered capacity. Financial terms not disclosed.
- Capacity: not published
- Accelerators: not published
- Chips: not published
- Term: 20 years
- Status: signed
- Other parties: not published

Sources:
1. Constellation, Meta sign 20-year Clinton deal (APPA) https://www.publicpower.org/node/27701 (accessed 2026-11-09)
2. Meta Signs 20 Year Power Deal with Constellation (Neutron Bytes) https://neutronbytes.com/2025/06/06/meta-signs-20-year-power-deal-with-constellation/ (accessed 2026-11-09)

## Meta–CoreWeave expanded deal (~$21B through 2032)

URL: https://aicomputedeals.com/meta-coreweave-21b-2026-04/
Website: https://www.sec.gov/Archives/edgar/data/1769628/000176962826000154/ex991.htm
Verified: 2026-11-09

CoreWeave signed an expanded agreement to provide Meta about $21 billion of dedicated AI cloud capacity through December 2032, including early NVIDIA Vera Rubin deployments. CoreWeave says the commitment was signed in March 2026.

- Tags: cloud-capacity, neocloud, sec-filing
- Announced: 2026-04-09
- Buyer: Meta
- Seller / provider: CoreWeave
- Value: 21,000,000,000 USD
- Value note: Approximately $21 billion through 20 December 2032, including exercise of an existing option under the Sept 2025 order. Order form signed 31 March 2026; announced 9 April.
- Capacity: not published
- Accelerators: not published
- Chips: NVIDIA Vera Rubin
- Term: not published
- Status: expanded
- Other parties: not published

Sources:
1. CoreWeave press release, 8-K Ex. 99.1 (SEC) https://www.sec.gov/Archives/edgar/data/1769628/000176962826000154/ex991.htm (accessed 2026-11-09)
2. CoreWeave Q1 2026 results (SEC) https://www.sec.gov/Archives/edgar/data/1769628/000176962826000220/coreweave1q26earningspress.htm (accessed 2026-11-09)

## Meta–CoreWeave order (up to $14.2B through 2031)

URL: https://aicomputedeals.com/meta-coreweave-14b-2025-09/
Website: https://www.sec.gov/Archives/edgar/data/1769628/000176962825000050/crwv-20250925.htm
Verified: 2026-11-09

Meta committed to pay CoreWeave up to about $14.2 billion for AI cloud capacity through 14 December 2031, with an option to expand. CoreWeave disclosed the order in a Form 8-K.

- Tags: cloud-capacity, neocloud, sec-filing
- Announced: 2025-09-30
- Buyer: Meta
- Seller / provider: CoreWeave
- Value: 14,200,000,000 USD
- Value note: "Up to approximately $14.2 billion through December 14, 2031" per 8-K; order signed 25 Sept 2025 under a Dec 2023 master services agreement.
- Capacity: not published
- Accelerators: not published
- Chips: not published
- Term: not published
- Status: expanded
- Other parties: not published

Sources:
1. CoreWeave Form 8-K (SEC, Sept 2025) https://www.sec.gov/Archives/edgar/data/1769628/000176962825000050/crwv-20250925.htm (accessed 2026-11-09)
2. CoreWeave says Meta committed up to $14.2B (TheFly) https://www.tipranks.com/news/the-fly/coreweave-says-meta-initially-committed-to-pay-up-to-14-2b-in-new-order-form-thefly (accessed 2026-11-09)
3. CoreWeave Form 8-K on the March 2026 Meta order (SEC, 9 Apr 2026) https://www.sec.gov/Archives/edgar/data/1769628/000176962826000154/crwv-20260331.htm (accessed 2026-11-09)

## Meta–Google Cloud six-year deal (over $10B)

URL: https://aicomputedeals.com/meta-google-cloud-2025-08/
Website: https://datacentrereview.com/2025/08/meta-signs-six-year-10-billion-cloud-deal-with-google/
Verified: 2026-11-09

Meta agreed to rent compute, storage and networking from Google Cloud in a six-year deal worth more than $10 billion, first reported by The Information.

- Tags: cloud-capacity
- Announced: 2025-08-21
- Buyer: Meta
- Seller / provider: Google Cloud
- Value: 10,000,000,000 USD
- Value note: "More than $10 billion" over six years, per The Information, confirmed to AFP by a source. Not disclosed by the companies.
- Capacity: not published
- Accelerators: not published
- Chips: not published
- Term: 6 years
- Status: signed
- Other parties: not published

Sources:
1. Meta signs six-year, $10 billion cloud deal with Google (Data Centre Review) https://datacentrereview.com/2025/08/meta-signs-six-year-10-billion-cloud-deal-with-google/ (accessed 2026-11-09)
2. Meta makes huge cloud computing deal with Google (AFP via FMT) https://www.freemalaysiatoday.com/category/business/2025/08/22/meta-makes-huge-cloud-computing-deal-with-google (accessed 2026-11-09)

## Meta–Nebius five-year GPU clusters (~$3B)

URL: https://aicomputedeals.com/meta-nebius-3b-2025-11/
Website: https://www.sec.gov/Archives/edgar/data/1513845/000110465925109803/tm2530882d2_6k.htm
Verified: 2026-11-09

Nebius agreed to provide Meta two dedicated GPU clusters over five years, deployed in December 2025 and February 2026. The 6-K gives a total contract value of about $2.9 billion; Nebius's results release rounded it to $3 billion.

- Tags: cloud-capacity, neocloud, sec-filing
- Announced: 2025-11-11
- Buyer: Meta
- Seller / provider: Nebius
- Value: 2,900,000,000 USD
- Value note: Approximately $2.9 billion per Nebius Form 6-K (agreement dated 1 Nov 2025). Press and Nebius results headline: $3 billion.
- Capacity: not published
- Accelerators: not published
- Chips: not published
- Term: 5 years
- Status: expanded
- Other parties: not published

Sources:
1. Nebius Group Form 6-K (SEC) https://www.sec.gov/Archives/edgar/data/1513845/000110465925109803/tm2530882d2_6k.htm (accessed 2026-11-09)
2. Nebius signs new AI infrastructure agreement with Meta, 6-K Ex. 99.1 (SEC, 16 Mar 2026) https://www.sec.gov/Archives/edgar/data/1513845/000110465926027886/tm268879d1_ex99-1.htm (accessed 2026-11-09)

## Meta–Nebius five-year Vera Rubin deal (up to ~$27B)

URL: https://aicomputedeals.com/meta-nebius-27b-2026-03/
Website: https://www.sec.gov/Archives/edgar/data/1513845/000110465926027886/tm268879d1_ex99-1.htm
Verified: 2026-11-09

Nebius will give Meta $12 billion of dedicated NVIDIA Vera Rubin capacity over five years from early 2027, and Meta commits to buy up to $15 billion of unsold capacity on certain Nebius clusters.

- Tags: neocloud, cloud-capacity, backstop, sec-filing
- Announced: 2026-03-16
- Buyer: Meta
- Seller / provider: Nebius
- Value: 27,000,000,000 USD
- Value note: 'Up to approximately $27 billion': $12 billion dedicated plus up to $15 billion as a backstop for unsold capacity. Agreement signed 13 March 2026.
- Capacity: not published
- Accelerators: not published
- Chips: NVIDIA Vera Rubin
- Term: 5 years
- Status: signed
- Other parties: not published

Sources:
1. Nebius signs new AI infrastructure agreement with Meta, 6-K Ex. 99.1 (SEC) https://www.sec.gov/Archives/edgar/data/1513845/000110465926027886/tm268879d1_ex99-1.htm (accessed 2026-11-09)

## Meta–NVIDIA multiyear deal for Blackwell, Rubin GPUs and Grace CPUs

URL: https://aicomputedeals.com/meta-nvidia-multiyear-2026-02/
Website: https://nvidianews.nvidia.com/news/meta-builds-ai-infrastructure-with-nvidia
Verified: 2026-11-09

Meta signed a multiyear, multigenerational deal for millions of NVIDIA Blackwell and Rubin GPUs, Grace CPUs (the first large Grace-only rollout) and Spectrum-X networking. Vera CPUs could deploy at scale in 2027.

- Tags: chip-supply
- Announced: 2026-02-17
- Buyer: Meta
- Seller / provider: NVIDIA
- Value: not published
- Value note: Not disclosed. Analysts estimate tens of billions of dollars (Pure AI).
- Capacity: not published
- Accelerators: not published
- Chips: NVIDIA Blackwell (GB300), Rubin, Grace, Vera; Spectrum-X
- Term: not published
- Status: signed
- Other parties: not published

Sources:
1. Meta builds AI infrastructure with NVIDIA (NVIDIA Newsroom) https://nvidianews.nvidia.com/news/meta-builds-ai-infrastructure-with-nvidia (accessed 2026-11-09)
2. Nvidia Expands Multiyear AI Infrastructure Deal with Meta (Pure AI) https://pureai.com/articles/2026/02/18/nvidia-expands-multiyear-ai-infrastructure-deal-with-meta.aspx (accessed 2026-11-09)
3. Meta commits to millions of NVIDIA Blackwell and Rubin GPUs (TechInformed) https://techinformed.com/meta-commits-to-millions-of-nvidia-blackwell-and-rubin-gpus-in-multiyear-deal/ (accessed 2026-11-09)

## Meta–Oracle cloud commitment (reported ~$20B)

URL: https://aicomputedeals.com/meta-oracle-cloud-2025-12/
Website: https://www.sec.gov/Archives/edgar/data/1341439/000119312525314207/orcl-ex99_1.htm
Verified: 2026-11-09

Oracle's fiscal Q2 2026 results said remaining performance obligations rose $68 billion to $523 billion, highlighted by new commitments from Meta, NVIDIA and others. Reuters and Bloomberg had reported in September 2025 that Oracle and Meta were negotiating a cloud deal worth about $20 billion.

- Tags: cloud-capacity, sec-filing
- Announced: 2025-12-10
- Buyer: Meta
- Seller / provider: Oracle
- Value: not published
- Value note: Meta's amount is not disclosed; it sits inside a $68 billion quarterly RPO increase. About $20 billion is the figure from September 2025 reports of talks (Reuters, Bloomberg).
- Capacity: not published
- Accelerators: not published
- Chips: not published
- Term: not published
- Status: signed
- Other parties: not published

Sources:
1. Oracle Announces Fiscal Year 2026 Second Quarter Financial Results, 8-K Ex. 99.1 (SEC) https://www.sec.gov/Archives/edgar/data/1341439/000119312525314207/orcl-ex99_1.htm (accessed 2026-11-09)
2. Oracle eyes $20 billion AI cloud computing deal with Meta, source says (Reuters) https://kr.tradingview.com/news/reuters.com,2025:newsml_L3N3V6185:0-oracle-eyes-20-billion-ai-cloud-computing-deal-with-meta-source-says (accessed 2026-11-09)

## Microsoft extends OpenAI partnership (third investment)

URL: https://aicomputedeals.com/microsoft-openai-investment-2023-01/
Website: https://blogs.microsoft.com/blog/2023/01/23/microsoftandopenaiextendpartnership/
Verified: 2026-11-09

Microsoft announced a multiyear, multibillion-dollar investment in OpenAI, its third after 2019 and 2021. Azure became OpenAI's exclusive cloud provider for research, products and API services.

- Tags: equity-for-compute, cloud-capacity
- Announced: 2023-01-23
- Buyer: OpenAI
- Seller / provider: Microsoft
- Value: not published
- Value note: Microsoft described it only as a "multiyear, multibillion dollar investment". Amount not disclosed by the companies.
- Capacity: not published
- Accelerators: not published
- Chips: not published
- Term: not published
- Status: expanded
- Other parties: not published

Sources:
1. Microsoft and OpenAI extend partnership (Microsoft blog) https://blogs.microsoft.com/blog/2023/01/23/microsoftandopenaiextendpartnership/ (accessed 2026-11-09)

## Microsoft invests $1.5B in G42

URL: https://aicomputedeals.com/microsoft-g42-investment-2024-04/
Website: https://news.microsoft.com/source/2024/04/16/microsoft-invests-1-5-billion-in-abu-dhabis-g42-to-accelerate-ai-development-and-global-expansion/
Verified: 2026-11-09

Microsoft made a $1.5 billion strategic investment in Abu Dhabi's G42, which runs its AI applications and services on Azure. Brad Smith joined G42's board.

- Tags: equity-for-compute, cloud-capacity
- Announced: 2024-04-16
- Buyer: G42
- Seller / provider: Microsoft
- Value: 1,500,000,000 USD
- Value note: Microsoft's equity investment in G42; no Azure spend amount disclosed. Microsoft later counted it in $15.2 billion of UAE investment for 2023–2029.
- Capacity: not published
- Accelerators: not published
- Chips: not published
- Term: not published
- Status: completed
- Other parties: not published

Sources:
1. Microsoft invests $1.5 billion in Abu Dhabi's G42 (Microsoft) https://news.microsoft.com/source/2024/04/16/microsoft-invests-1-5-billion-in-abu-dhabis-g42-to-accelerate-ai-development-and-global-expansion/ (accessed 2026-11-09)
2. Microsoft's $15.2 billion USD investment in the UAE (Microsoft On the Issues) https://blogs.microsoft.com/on-the-issues/2025/11/03/microsofts-15-2-billion-usd-investment-in-the-uae/ (accessed 2026-11-09)

## Microsoft winds down its Oracle AI cloud capacity rental

URL: https://aicomputedeals.com/microsoft-oracle-bing-capacity-winddown-2026-11/
Website: https://tech-insider.org/microsoft-winds-down-2023-oracle-ai-cloud-deal-2026/
Verified: 2026-11-09

Bloomberg reported that Microsoft did not renew its 2023 deal to rent AI capacity on Oracle Cloud Infrastructure for Bing and has been switching the capacity off, because the older NVIDIA GPUs no longer meet its specifications. Oracle said demand for its AI infrastructure remains strong.

- Tags: cloud-capacity
- Announced: 2026-11-06
- Buyer: Microsoft
- Seller / provider: Oracle
- Value: not published
- Value note: Value of the original 2023 deal (OCI capacity for Bing inference) was never disclosed. Date is the Bloomberg report; Microsoft declined to comment.
- Capacity: not published
- Accelerators: not published
- Chips: Older-generation NVIDIA GPUs
- Term: not published
- Status: cancelled
- Other parties: not published

Sources:
1. Microsoft winds down 2023 Oracle AI cloud deal (Tech Insider, citing Bloomberg) https://tech-insider.org/microsoft-winds-down-2023-oracle-ai-cloud-deal-2026/ (accessed 2026-11-09)
2. Microsoft Is Winding Down Oracle Deal to Rent AI Cloud Capacity (Bloomberg) https://www.bloomberg.com/news/articles/2026-11-06/microsoft-is-winding-down-oracle-deal-to-rent-ai-cloud-capacity (accessed 2026-11-09)

## Microsoft–Brookfield 10.5 GW renewable energy framework

URL: https://aicomputedeals.com/microsoft-brookfield-renewables-2024-05/
Website: https://www.sec.gov/Archives/edgar/data/1533232/000117184324002391/exh_991.htm
Verified: 2026-11-09

Brookfield and Microsoft signed a five-year framework for Brookfield to deliver over 10.5 GW of new renewable capacity in the US and Europe between 2026 and 2030.

- Tags: power, sec-filing
- Announced: 2024-05-01
- Buyer: Microsoft
- Seller / provider: Brookfield Renewable
- Value: not published
- Value note: Framework for over 10.5 GW of new generation, which Brookfield calls nearly 8x the largest single corporate PPA. No value disclosed.
- Capacity: not published
- Accelerators: not published
- Chips: not published
- Term: 5 years
- Status: signed
- Other parties: not published

Sources:
1. Brookfield and Microsoft Collaborating to Deliver Over 10.5 GW of New Renewable Power Capacity, 6-K (SEC) https://www.sec.gov/Archives/edgar/data/1533232/000117184324002391/exh_991.htm (accessed 2026-11-09)

## Microsoft–Constellation 20-year PPA to restart Three Mile Island Unit 1

URL: https://aicomputedeals.com/microsoft-constellation-crane-ppa-2024-09/
Website: https://www.constellationenergy.com/news/2024/Constellation-to-Launch-Crane-Clean-Energy-Center-Restoring-Jobs-and-Carbon-Free-Power-to-The-Grid.html
Verified: 2026-11-09

Microsoft signed a 20-year power purchase agreement for the output of Three Mile Island Unit 1, renamed the Crane Clean Energy Center. The 835 MW unit is due to restart around 2028 to match Microsoft's data center load in PJM.

- Tags: power, nuclear
- Announced: 2024-09-20
- Buyer: Microsoft
- Seller / provider: Constellation Energy
- Value: not published
- Value note: 0.835 GW plant (Crane Clean Energy Center, formerly Three Mile Island Unit 1); a 20-year purchase of its output, not delivered data center capacity. Financial terms not disclosed.
- Capacity: not published
- Accelerators: not published
- Chips: not published
- Term: 20 years
- Status: signed
- Other parties: not published

Sources:
1. Constellation to Launch Crane Clean Energy Center (Constellation) https://www.constellationenergy.com/news/2024/Constellation-to-Launch-Crane-Clean-Energy-Center-Restoring-Jobs-and-Carbon-Free-Power-to-The-Grid.html (accessed 2026-11-09)

## Microsoft–IREN $9.7B GB300 cloud contract

URL: https://aicomputedeals.com/microsoft-iren-childress-2025-11/
Website: https://www.sec.gov/Archives/edgar/data/1878848/000114036125040072/ef20058139_ex99-1.htm
Verified: 2026-11-09

IREN signed a five-year, $9.7 billion contract to give Microsoft NVIDIA GB300 capacity at its Childress, Texas campus, with a 20% prepayment. IREN is buying the GPUs and equipment from Dell for about $5.8 billion.

- Tags: cloud-capacity, neocloud
- Announced: 2025-11-03
- Buyer: Microsoft
- Seller / provider: IREN
- Value: 9,700,000,000 USD
- Value note: About $9.7 billion total contract value including a 20% prepayment. Separate ~$5.8 billion Dell equipment purchase by IREN.
- Capacity: 0.2 GW
- Accelerators: not published
- Chips: NVIDIA GB300
- Term: 5 years
- Status: signed
- Other parties: Dell (equipment supplier, ~$5.8B)

Sources:
1. IREN Secures $9.7bn AI Cloud Contract with Microsoft, 8-K Ex. 99.1 (SEC) https://www.sec.gov/Archives/edgar/data/1878848/000114036125040072/ef20058139_ex99-1.htm (accessed 2026-11-09)
2. Microsoft signs $9.7 billion IREN deal (TechInformed, citing 8-K) https://techinformed.com/microsoft-signs-9-7-billion-iren-deal-for-nvidia-gb300-capacity/ (accessed 2026-11-09)
3. IREN: Horizon 1 delivered to Microsoft, 8-K Ex. 99.1 (SEC, Aug 2026) https://www.sec.gov/Archives/edgar/data/1878848/000114036126032638/ef20080141_ex99-1.htm (accessed 2026-11-09)

## Microsoft–Lambda multibillion-dollar GPU deal

URL: https://aicomputedeals.com/microsoft-lambda-gb300-2025-11/
Website: https://lambda.com/blog/lambda-announces-multibillion-dollar-agreement-with-microsoft-to-deploy-ai-infrastructure-powered-by-tens-of-thousands-of-nvidia-gpus
Verified: 2026-11-09

Lambda agreed a multi-year, multibillion-dollar deal to deploy tens of thousands of NVIDIA GPUs, including GB300 NVL72 systems, for Microsoft. Value and GPU count were not disclosed.

- Tags: cloud-capacity, neocloud
- Announced: 2025-11-03
- Buyer: Microsoft
- Seller / provider: Lambda
- Value: not published
- Value note: "Multibillion-dollar"; exact value not disclosed.
- Capacity: not published
- Accelerators: not published
- Chips: NVIDIA GB300 NVL72
- Term: not published
- Status: signed
- Other parties: not published

Sources:
1. Lambda Announces Multibillion-Dollar Agreement with Microsoft (Lambda) https://lambda.com/blog/lambda-announces-multibillion-dollar-agreement-with-microsoft-to-deploy-ai-infrastructure-powered-by-tens-of-thousands-of-nvidia-gpus (accessed 2026-11-09)

## Microsoft–Nebius GPU capacity from Vineland, NJ

URL: https://aicomputedeals.com/microsoft-nebius-vineland-2025-09/
Website: https://nebius.com/newsroom/nebius-announces-multi-billion-dollar-agreement-with-microsoft-for-ai-infrastructure
Verified: 2026-11-09

Nebius signed a five-year deal to supply Microsoft dedicated GPU capacity from its Vineland, New Jersey data center. Base value is $17.4 billion, rising to $19.4 billion with extra services.

- Tags: cloud-capacity, neocloud
- Announced: 2025-09-08
- Buyer: Microsoft
- Seller / provider: Nebius
- Value: 17,400,000,000 USD
- Value note: About $17.4 billion through 2031 per Nebius 6-K; up to $19.4 billion if Microsoft buys additional services or capacity. Nebius's obligations start once it confirms financing.
- Capacity: not published
- Accelerators: not published
- Chips: not published
- Term: 5 years
- Status: signed
- Other parties: not published

Sources:
1. Nebius Group Form 6-K (SEC, 8 Sep 2025) https://www.sec.gov/Archives/edgar/data/1513845/000110465925088312/tm2525580d1_6k.htm (accessed 2026-11-09)
2. Nebius announces multi-billion dollar agreement with Microsoft (Nebius) https://nebius.com/newsroom/nebius-announces-multi-billion-dollar-agreement-with-microsoft-for-ai-infrastructure (accessed 2026-11-09)

## Microsoft–Nscale ~200,000 NVIDIA GB300 GPUs (US and Europe)

URL: https://aicomputedeals.com/microsoft-nscale-gb300-2025-10/
Website: https://www.nscale.com/press-releases/nscale-microsoft-2025
Verified: 2026-11-09

Nscale contracted to deliver about 200,000 NVIDIA GB300 GPUs to Microsoft across Texas, Portugal, the UK and Norway. The largest block is about 104,000 GPUs at a 240 MW Texas campus from Q3 2026.

- Tags: cloud-capacity, neocloud
- Announced: 2025-10-15
- Buyer: Microsoft
- Seller / provider: Nscale
- Value: not published
- Value note: Not disclosed by Nscale. CNBC reported the contract is worth up to $24 billion.
- Capacity: not published
- Accelerators: 200,000 chips
- Chips: NVIDIA GB300
- Term: not published
- Status: signed
- Other parties: Ionic Digital (Texas site lessor), Start Campus (Sines, ~12,600 GPUs), Aker-Nscale JV (Narvik, ~52,000 GPUs), Loughton UK (~23,000 GPUs)

Sources:
1. Nscale contracts approximately 200,000 NVIDIA GB300 GPUs with Microsoft (Nscale) https://www.nscale.com/press-releases/nscale-microsoft-2025 (accessed 2026-11-09)
2. Nscale inks 200,000-GPU data center contract with Microsoft (SiliconANGLE) https://siliconangle.com/?p=716330 (accessed 2026-11-09)

## NVIDIA guarantees up to $105B of OpenAI leases at SB Energy's PORTS campus (4.25 GW)

URL: https://aicomputedeals.com/openai-sb-energy-nvidia-ports-2026-08/
Website: https://www.sec.gov/Archives/edgar/data/1045810/000104581026000069/sbeoainvidia-portsrelease.htm
Verified: 2026-11-09

NVIDIA agreed guarantees capped at $105 billion backing an OpenAI affiliate's 20-year leases for about 4.25 GW of IT load at SB Energy's PORTS campus in Pike County, Ohio. The site will host NVIDIA AI infrastructure exclusively.

- Tags: backstop, datacenter-lease, sec-filing
- Announced: 2026-08-17
- Buyer: OpenAI
- Seller / provider: SB Energy
- Value: 105,000,000,000 USD
- Value note: Cap on NVIDIA's guarantee exposure (NVIDIA 10-Q), phased over nine construction phases; covers defined lease and power payments, not the full site cost, and ends if OpenAI reaches a set credit rating. NVIDIA also invests $1.5 billion in SB Energy. Capacity comes online in phases from 2028.
- Capacity: 4.25 GW
- Accelerators: not published
- Chips: NVIDIA
- Term: 20 years
- Status: signed
- Other parties: NVIDIA (guarantor); SoftBank Group; AEP Ohio

Sources:
1. NVIDIA Guarantees SB Energy's PORTS-Pike Technology Campus in Ohio, 8-K Ex. 99.1 (SEC) https://www.sec.gov/Archives/edgar/data/1045810/000104581026000069/sbeoainvidia-portsrelease.htm (accessed 2026-11-09)
2. NVIDIA Form 10-Q, quarter ended 26 Jul 2026 (SEC) https://www.sec.gov/Archives/edgar/data/1045810/000104581026000075/nvda-20260726.htm (accessed 2026-11-09)

## NVIDIA invests $2B in CoreWeave; 5 GW AI factory framework

URL: https://aicomputedeals.com/nvidia-coreweave-2b-5gw-2026-01/
Website: https://www.sec.gov/Archives/edgar/data/1769628/000176962826000044/crwv-20260123.htm
Verified: 2026-11-09

NVIDIA bought $2 billion of CoreWeave Class A stock at $87.20 a share. The companies set a framework for CoreWeave to build more than 5 GW of AI factories on NVIDIA platforms by 2030.

- Tags: equity-for-compute, neocloud, sec-filing
- Announced: 2026-01-26
- Buyer: NVIDIA
- Seller / provider: CoreWeave
- Value: 2,000,000,000 USD
- Value note: $2 billion for 22,935,780 shares at $87.20 (closed 23 Jan 2026). The 5 GW buildout depends on future agreements.
- Capacity: 5 GW
- Accelerators: not published
- Chips: NVIDIA
- Term: not published
- Status: completed
- Other parties: not published

Sources:
1. CoreWeave Form 8-K, Jan 2026 (SEC) https://www.sec.gov/Archives/edgar/data/1769628/000176962826000044/crwv-20260123.htm (accessed 2026-11-09)

## NVIDIA invests $30B in OpenAI's $110B round

URL: https://aicomputedeals.com/nvidia-openai-30b-investment-2026-02/
Website: https://builtin.com/articles/openai-raises-110b-730b-valuation-20260227
Verified: 2026-11-09

NVIDIA committed $30 billion to OpenAI's funding round alongside SoftBank ($30 billion) and Amazon ($50 billion). The round, announced at $110 billion, later closed at $122 billion.

- Tags: equity-for-compute
- Announced: 2026-02-27
- Buyer: OpenAI
- Seller / provider: NVIDIA
- Value: 30,000,000,000 USD
- Value note: $30 billion equity. The round was announced at $110 billion at a $730 billion valuation and later confirmed at about $122 billion. Built In ties the deal to 3 GW of inference and 2 GW of training capacity on NVIDIA Vera Rubin.
- Capacity: not published
- Accelerators: not published
- Chips: NVIDIA Vera Rubin
- Term: not published
- Status: signed
- Other parties: SoftBank ($30B), Amazon ($50B)

Sources:
1. OpenAI Pulls in $110B From Nvidia, Amazon and SoftBank (Built In) https://builtin.com/articles/openai-raises-110b-730b-valuation-20260227 (accessed 2026-11-09)
2. Powerlaw Corp semi-annual report, Form N-CSRS (SEC, 2026) https://www.sec.gov/Archives/edgar/data/2052053/000121390026066274/ea0293124-01_ncsrs.htm (accessed 2026-11-09)

## NVIDIA–CoreWeave $6.3B unused-capacity order

URL: https://aicomputedeals.com/nvidia-coreweave-capacity-backstop-2025-09/
Website: https://www.sec.gov/Archives/edgar/data/1769628/000176962825000047/crwv-20250909.htm
Verified: 2026-11-09

CoreWeave disclosed a $6.3 billion initial order from NVIDIA. NVIDIA must buy any of CoreWeave's capacity its own customers leave unused, through 13 April 2032.

- Tags: cloud-capacity, backstop, sec-filing
- Announced: 2025-09-15
- Buyer: NVIDIA
- Seller / provider: CoreWeave
- Value: 6,300,000,000 USD
- Value note: Initial order value $6.3 billion (order dated 9 Sept 2025; 8-K report date 15 Sept 2025).
- Capacity: not published
- Accelerators: not published
- Chips: NVIDIA
- Term: not published
- Status: signed
- Other parties: not published

Sources:
1. CoreWeave Form 8-K (SEC) https://www.sec.gov/Archives/edgar/data/1769628/000176962825000047/crwv-20250909.htm (accessed 2026-11-09)

## OpenAI–AMD 6 GW GPU deal with 160M-share warrant

URL: https://aicomputedeals.com/openai-amd-6gw-2025-10/
Website: https://www.tomshardware.com/tech-industry/openai-and-amd-announce-multibillion-dollar-partnership-amd-to-supply-6-gigawatts-in-chips-openai-could-get-up-to-10-percent-of-amd-shares-in-return
Verified: 2026-11-09

OpenAI agreed to deploy 6 GW of AMD Instinct GPUs, starting with 1 GW of MI450 in the second half of 2026. AMD issued OpenAI a warrant for up to 160 million AMD shares at $0.01, vesting with deployment and share-price milestones.

- Tags: chip-supply, equity-for-compute
- Announced: 2025-10-06
- Buyer: OpenAI
- Seller / provider: AMD
- Value: not published
- Value note: Not disclosed. AMD said it expects tens of billions of dollars in revenue. Warrant: up to 160 million AMD shares (~10% of AMD); last tranche tied to a $600 AMD share price.
- Capacity: 6 GW
- Accelerators: not published
- Chips: AMD Instinct MI450
- Term: not published
- Status: signed
- Other parties: not published

Sources:
1. OpenAI and AMD announce multibillion-dollar partnership (Tom's Hardware) https://www.tomshardware.com/tech-industry/openai-and-amd-announce-multibillion-dollar-partnership-amd-to-supply-6-gigawatts-in-chips-openai-could-get-up-to-10-percent-of-amd-shares-in-return (accessed 2026-11-09)
2. AMD and OpenAI announce multi-gigawatt GPU partnership (Evertiq) https://evertiq.com/design/2025-10-06-amd-and-openai-announce-multi-gigawatt-gpu-partnership (accessed 2026-11-09)

## OpenAI–AWS $38B seven-year compute deal

URL: https://aicomputedeals.com/openai-aws-38b-2025-11/
Website: https://www.aboutamazon.com/news/aws/aws-open-ai-workloads-compute-infrastructure
Verified: 2026-11-09

OpenAI signed a $38 billion, seven-year agreement to run workloads on AWS using NVIDIA GB200 and GB300 GPUs on EC2 UltraServers. All capacity is targeted for deployment before the end of 2026.

- Tags: cloud-capacity
- Announced: 2025-11-03
- Buyer: OpenAI
- Seller / provider: Amazon (AWS)
- Value: 38,000,000,000 USD
- Value note: $38 billion over seven years. Expanded by $100 billion over eight years in February 2026 (see separate record).
- Capacity: not published
- Accelerators: not published
- Chips: NVIDIA GB200, GB300
- Term: 7 years
- Status: expanded
- Other parties: not published

Sources:
1. AWS and OpenAI announce multi-year strategic partnership (About Amazon) https://www.aboutamazon.com/news/aws/aws-open-ai-workloads-compute-infrastructure (accessed 2026-11-09)
2. OpenAI and AWS announce $38 billion deal (SD Times) https://sdtimes.com/ai/openai-and-aws-announce-38-billion-deal-for-compute-infrastructure/ (accessed 2026-11-09)

## OpenAI–Broadcom 10 GW custom accelerators

URL: https://aicomputedeals.com/openai-broadcom-10gw-2025-10/
Website: https://mfn.se/one/a/broadcom/openai-and-broadcom-announce-strategic-collaboration-to-deploy-10-gigawatts-of-openai-designed-ai-accelerators-7f50bad2
Verified: 2026-11-09

OpenAI and Broadcom will deploy 10 GW of OpenAI-designed AI accelerators and Broadcom Ethernet networking. Racks start deploying in the second half of 2026, with all 10 GW by the end of 2029.

- Tags: chip-supply, custom-silicon
- Announced: 2025-10-13
- Buyer: OpenAI
- Seller / provider: Broadcom
- Value: not published
- Value note: Financial terms not disclosed. The companies signed a term sheet, not a definitive agreement.
- Capacity: 10 GW
- Accelerators: not published
- Chips: OpenAI-designed accelerator (Broadcom)
- Term: not published
- Status: announced
- Other parties: not published

Sources:
1. OpenAI and Broadcom announce strategic collaboration (Broadcom press release via MFN) https://mfn.se/one/a/broadcom/openai-and-broadcom-announce-strategic-collaboration-to-deploy-10-gigawatts-of-openai-designed-ai-accelerators-7f50bad2 (accessed 2026-11-09)

## OpenAI–Cerebras 750 MW inference compute (over $10B)

URL: https://aicomputedeals.com/openai-cerebras-750mw-2026-01/
Website: https://www.sec.gov/Archives/edgar/data/2021728/000162828026035214/cerebras-424b4.htm
Verified: 2026-11-09

OpenAI agreed to buy up to 750 MW of Cerebras-powered compute for low-latency inference, delivered in tranches from 2026 to 2028. Cerebras's IPO prospectus values the deal at more than $20 billion.

- Tags: cloud-capacity, chip-supply, inference
- Announced: 2026-01-14
- Buyer: OpenAI
- Seller / provider: Cerebras
- Value: 20,000,000,000 USD
- Value note: "More than $20 billion" per Cerebras's IPO prospectus (May 2026); first reports (Bloomberg, Reuters, Jan 2026) said more than $10 billion. Master agreement signed Dec 2025. Tranches run three or four years each, extendable to five. OpenAI holds an option on 1.25 GW more (2 GW total) by end-2030, a warrant for up to 33.4 million Cerebras shares, and lent Cerebras about $1.0 billion.
- Capacity: 0.75 GW
- Accelerators: not published
- Chips: Cerebras wafer-scale engine
- Term: not published
- Status: signed
- Other parties: not published

Sources:
1. Cerebras Systems IPO prospectus, Form 424B4 (SEC, 14 May 2026) https://www.sec.gov/Archives/edgar/data/2021728/000162828026035214/cerebras-424b4.htm (accessed 2026-11-09)
2. Cerebras Q1 2026 results, 8-K (SEC, 23 Jun 2026) https://www.sec.gov/Archives/edgar/data/2021728/000162828026044941/cbrsannouncesfinancialresu.htm (accessed 2026-11-09)

## OpenAI–CoreWeave expansion (up to $4B)

URL: https://aicomputedeals.com/openai-coreweave-expansion-2025-05/
Website: https://investors.coreweave.com/news/news-details/2025/CoreWeave-Expands-Agreement-with-OpenAI-by-up-to-6-5B/
Verified: 2026-11-09

OpenAI expanded its CoreWeave contract by up to $4 billion. CoreWeave disclosed the add-on alongside its first quarterly results as a public company.

- Tags: cloud-capacity, neocloud
- Announced: 2025-05-14
- Buyer: OpenAI
- Seller / provider: CoreWeave
- Value: 4,000,000,000 USD
- Value note: Up to $4.0 billion through April 2029, per CoreWeave's Q1 2025 Form 10-Q (commitment as of 14 May 2025).
- Capacity: not published
- Accelerators: not published
- Chips: not published
- Term: 4 years
- Status: expanded
- Other parties: not published

Sources:
1. CoreWeave Expands Agreement with OpenAI by up to $6.5B (CoreWeave IR) https://investors.coreweave.com/news/news-details/2025/CoreWeave-Expands-Agreement-with-OpenAI-by-up-to-6-5B/ (accessed 2026-11-09)
2. CoreWeave Form 10-Q, Q1 2025 (SEC) https://www.sec.gov/Archives/edgar/data/1769628/000176962825000014/crwv-20250331.htm (accessed 2026-11-09)

## OpenAI–CoreWeave expansion (up to $6.5B; $22.4B total)

URL: https://aicomputedeals.com/openai-coreweave-expansion-2025-09/
Website: https://investors.coreweave.com/news/news-details/2025/CoreWeave-Expands-Agreement-with-OpenAI-by-up-to-6-5B/
Verified: 2026-11-09

CoreWeave expanded its OpenAI contract by up to $6.5 billion to train OpenAI's next-generation models. Total contract value with OpenAI rose to about $22.4 billion.

- Tags: cloud-capacity, neocloud
- Announced: 2025-09-25
- Buyer: OpenAI
- Seller / provider: CoreWeave
- Value: 6,500,000,000 USD
- Value note: Up to $6.5 billion; cumulative OpenAI contract value approximately $22.4 billion ($11.9B + $4B + $6.5B).
- Capacity: not published
- Accelerators: not published
- Chips: not published
- Term: not published
- Status: expanded
- Other parties: not published

Sources:
1. CoreWeave Expands Agreement with OpenAI by up to $6.5B (CoreWeave IR) https://investors.coreweave.com/news/news-details/2025/CoreWeave-Expands-Agreement-with-OpenAI-by-up-to-6-5B/ (accessed 2026-11-09)

## OpenAI–CoreWeave initial cloud contract (up to $11.9B)

URL: https://aicomputedeals.com/openai-coreweave-initial-2025-03/
Website: https://investors.coreweave.com/news/news-details/2025/CoreWeave-Expands-Agreement-with-OpenAI-by-up-to-6-5B/
Verified: 2026-11-09

OpenAI signed its first compute contract with CoreWeave, worth up to $11.9 billion. OpenAI also received a $350 million equity stake in CoreWeave ahead of its IPO.

- Tags: cloud-capacity, neocloud
- Announced: 2025-03-10
- Buyer: OpenAI
- Seller / provider: CoreWeave
- Value: 11,900,000,000 USD
- Value note: Up to approximately $11.9 billion through October 2030, per CoreWeave's IPO prospectus. CoreWeave also issued OpenAI $350 million of stock (8.75 million shares at the IPO price).
- Capacity: not published
- Accelerators: not published
- Chips: not published
- Term: 5 years
- Status: expanded
- Other parties: not published

Sources:
1. CoreWeave Expands Agreement with OpenAI by up to $6.5B (CoreWeave IR) https://investors.coreweave.com/news/news-details/2025/CoreWeave-Expands-Agreement-with-OpenAI-by-up-to-6-5B/ (accessed 2026-11-09)
2. CoreWeave expands OpenAI pact with new $6.5 billion contract (Reuters) https://www.tradingview.com/news/reuters.com,2025:newsml_L6N3VC0OG:0-coreweave-expands-openai-pact-with-new-6-5-billion-contract (accessed 2026-11-09)
3. CoreWeave IPO prospectus, Form 424B4 (SEC, 31 Mar 2025) https://www.sec.gov/Archives/edgar/data/1769628/000119312525067651/d899798d424b4.htm (accessed 2026-11-09)

## OpenAI–Microsoft recapitalization: $250B incremental Azure commitment

URL: https://aicomputedeals.com/openai-microsoft-azure-250b-2025-10/
Website: https://blogs.microsoft.com/blog/2025/10/28/the-next-chapter-of-the-microsoft-openai-partnership/
Verified: 2026-11-09

As part of OpenAI's recapitalization, OpenAI contracted to buy an incremental $250 billion of Azure services. Microsoft gave up its right of first refusal on OpenAI compute and holds about 27% of OpenAI Group PBC, valued at about $135 billion.

- Tags: cloud-capacity, equity-for-compute
- Announced: 2025-10-28
- Buyer: OpenAI
- Seller / provider: Microsoft (Azure)
- Value: 250,000,000,000 USD
- Value note: "Incremental $250B of Azure services" per Microsoft. Term not disclosed.
- Capacity: not published
- Accelerators: not published
- Chips: not published
- Term: not published
- Status: signed
- Other parties: not published

Sources:
1. The next chapter of the Microsoft–OpenAI partnership (Microsoft) https://blogs.microsoft.com/blog/2025/10/28/the-next-chapter-of-the-microsoft-openai-partnership/ (accessed 2026-11-09)

## OpenAI–NVIDIA 10 GW letter of intent (up to $100B investment)

URL: https://aicomputedeals.com/openai-nvidia-10gw-loi-2025-09/
Website: https://investor.nvidia.com/news/press-release-details/2025/OpenAI-and-NVIDIA-Announce-Strategic-Partnership-to-Deploy-10-Gigawatts-of-NVIDIA-Systems/default.aspx
Verified: 2026-11-09

OpenAI and NVIDIA signed a letter of intent for at least 10 GW of NVIDIA systems, with NVIDIA intending to invest up to $100 billion in OpenAI as each gigawatt is deployed. The first gigawatt was targeted for the second half of 2026 on Vera Rubin.

- Tags: chip-supply, equity-for-compute
- Announced: 2025-09-22
- Buyer: OpenAI
- Seller / provider: NVIDIA
- Value: 100,000,000,000 USD
- Value note: "Invest up to $100 billion" progressively per gigawatt deployed. Letter of intent, not a definitive agreement. In Feb 2026 NVIDIA instead committed $30 billion in OpenAI's funding round (see separate record).
- Capacity: 10 GW
- Accelerators: not published
- Chips: NVIDIA Vera Rubin
- Term: not published
- Status: announced
- Other parties: not published

Sources:
1. OpenAI and NVIDIA Announce Strategic Partnership to Deploy 10 Gigawatts (NVIDIA IR) https://investor.nvidia.com/news/press-release-details/2025/OpenAI-and-NVIDIA-Announce-Strategic-Partnership-to-Deploy-10-Gigawatts-of-NVIDIA-Systems/default.aspx (accessed 2026-11-09)

## OpenAI–Oracle 4.5 GW Stargate capacity

URL: https://aicomputedeals.com/openai-oracle-stargate-2025-07/
Website: https://builtin.com/articles/openai-oracle-stargate-data-center-partnership-20250722
Verified: 2026-11-09

OpenAI and Oracle agreed to develop 4.5 GW of additional Stargate data center capacity in the US. The Wall Street Journal later reported the contract at $300 billion over about five years starting in 2027.

- Tags: cloud-capacity, datacenter-buildout, stargate
- Announced: 2025-07-22
- Buyer: OpenAI
- Seller / provider: Oracle
- Value: not published
- Value note: Not disclosed by the companies. WSJ (Sept 2025) reported $300 billion over about five years from 2027. Oracle's 30 June 2025 8-K described an unnamed contract worth more than $30 billion a year from FY28, which press reports tied to OpenAI.
- Capacity: 4.5 GW
- Accelerators: not published
- Chips: NVIDIA
- Term: not published
- Status: signed
- Other parties: SoftBank (Stargate partner)

Sources:
1. OpenAI, Oracle Add 4.5 GW to Stargate (Built In) https://builtin.com/articles/openai-oracle-stargate-data-center-partnership-20250722 (accessed 2026-11-09)
2. OpenAI Signs $300B Cloud Deal With Oracle (Built In, citing WSJ) https://builtin.com/articles/openai-300b-cloud-deal-oracle-20250911 (accessed 2026-11-09)
3. Oracle Form 8-K (SEC, 30 Jun 2025) https://www.sec.gov/Archives/edgar/data/1341439/000119312525152035/d136779d8k.htm (accessed 2026-11-09)

## Oracle discloses cloud contract worth over $30B a year from FY2028

URL: https://aicomputedeals.com/oracle-openai-30b-annual-contract-2025-06/
Website: https://www.sec.gov/Archives/edgar/data/1341439/000119312525152035/d136779d8k.htm
Verified: 2026-11-09

Oracle's Form 8-K said it signed multiple large cloud deals, including one expected to bring in more than $30 billion in annual revenue starting in fiscal 2028. The customer was not named in the filing; it was later tied to OpenAI's Stargate capacity.

- Tags: cloud-capacity, sec-filing
- Announced: 2025-06-30
- Buyer: Undisclosed (reported as OpenAI)
- Seller / provider: Oracle
- Value: 30,000,000,000 USD
- Value note: "More than $30 billion in annual revenue starting in FY28" per Oracle's 8-K. Annual figure, not total contract value. Oracle did not name the customer; press reports tied it to OpenAI.
- Capacity: not published
- Accelerators: not published
- Chips: not published
- Term: not published
- Status: signed
- Other parties: not published

Sources:
1. Oracle Form 8-K (SEC, 30 Jun 2025) https://www.sec.gov/Archives/edgar/data/1341439/000119312525152035/d136779d8k.htm (accessed 2026-11-09)
2. Oracle signs mystery cloud contract worth $30 billion (Data Centre Review) https://datacentrereview.com/?p=85687 (accessed 2026-11-09)

## Oracle–AMD 50,000 MI450 GPU supercluster

URL: https://aicomputedeals.com/oracle-amd-mi450-supercluster-2025-10/
Website: https://www.oracle.com/news/announcement/ai-world-oracle-and-amd-expand-partnership-to-help-customers-achieve-next-generation-ai-scale-2025-10-14/
Verified: 2026-11-09

Oracle will offer a public AI supercluster of 50,000 AMD Instinct MI450 GPUs on AMD Helios racks starting in calendar Q3 2026, with more planned for 2027 and beyond.

- Tags: chip-supply, cloud-capacity
- Announced: 2025-10-14
- Buyer: Oracle
- Seller / provider: AMD
- Value: not published
- Value note: Financial terms not disclosed.
- Capacity: not published
- Accelerators: 50,000 chips
- Chips: AMD Instinct MI450
- Term: not published
- Status: announced
- Other parties: not published

Sources:
1. Oracle and AMD Expand Partnership (Oracle) https://www.oracle.com/news/announcement/ai-world-oracle-and-amd-expand-partnership-to-help-customers-achieve-next-generation-ai-scale-2025-10-14/ (accessed 2026-11-09)
2. Oracle and AMD Expand Partnership (AMD) https://newsroom.amd.com/news/oracle-and-amd-expand-partnership-to-help-customers-ach/ (accessed 2026-11-09)

## Samsung and SK hynix join Stargate (DRAM supply LOIs)

URL: https://aicomputedeals.com/openai-samsung-skhynix-stargate-memory-2025-10/
Website: https://www.theregister.com/2025/10/02/openai_ropes_in_samsung_and/
Verified: 2026-11-09

Samsung and SK hynix signed letters of intent with OpenAI to supply high-performance DRAM for Stargate, targeting up to 900,000 wafers a month. The companies also agreed to explore data centers in Korea.

- Tags: chip-supply, memory, stargate
- Announced: 2025-10-01
- Buyer: OpenAI
- Seller / provider: Samsung Electronics; SK hynix
- Value: not published
- Value note: Not disclosed. Letters of intent, not purchase orders. OpenAI's demand was put at up to 900,000 DRAM wafers per month.
- Capacity: not published
- Accelerators: not published
- Chips: HBM / DRAM
- Term: not published
- Status: announced
- Other parties: not published

Sources:
1. OpenAI ropes in Samsung and SK hynix (The Register) https://www.theregister.com/2025/10/02/openai_ropes_in_samsung_and/ (accessed 2026-11-09)
2. Samsung, SK Hynix Ink Deal to Supply Gear to OpenAI's Stargate (Bloomberg via Data Center Knowledge) https://www.datacenterknowledge.com/data-center-chips/samsung-sk-hynix-ink-deal-to-supply-gear-to-stargate (accessed 2026-11-09)

## SpaceX (xAI) ~$40B GPU finance lease with Apollo-managed lessor

URL: https://aicomputedeals.com/spacex-apollo-gpu-finance-lease-2026-10/
Website: https://www.sec.gov/Archives/edgar/data/1181412/000110465926118614/tm2628247d1_8k.htm
Verified: 2026-11-09

SpaceX signed a binding commitment for a master finance lease under which an Apollo-managed entity buys GPU pods and related equipment and leases them to SpaceX for its AI data centers.

- Tags: gpu-financing, sec-filing
- Announced: 2026-10-24
- Buyer: SpaceX (SpaceXAI, formerly xAI)
- Seller / provider: Apollo Global Management (managed lessor entity)
- Value: 40,000,000,000 USD
- Value note: Expected total principal across all lease schedules. Each tranche runs about 5 to 5.25 years with quarterly rent; closing expected before year-end 2026, schedules from 1H 2027 as GPUs arrive.
- Capacity: not published
- Accelerators: not published
- Chips: GPU pods (model not disclosed)
- Term: 5 years
- Status: signed
- Other parties: not published

Sources:
1. Space Exploration Technologies Corp. Form 8-K, Item 8.01 (SEC) https://www.sec.gov/Archives/edgar/data/1181412/000110465926118614/tm2628247d1_8k.htm (accessed 2026-11-09)

## SpaceX hosting deal worth $1.11B a month (customer undisclosed)

URL: https://aicomputedeals.com/spacex-undisclosed-compute-customer-2026-09/
Website: https://finance.yahoo.com/technology/ai/articles/spacex-signs-1-1b-per-120459286.html
Verified: 2026-11-09

SpaceX's CFO said the company closed a new AI hosting deal in early September worth about $1.11 billion a month, roughly $13 billion a year, with billing from 1 December 2026. SpaceX did not name the customer.

- Tags: cloud-capacity
- Announced: 2026-09-10
- Buyer: Undisclosed
- Seller / provider: SpaceX (xAI compute)
- Value: not published
- Value note: About $1.11 billion per month from 1 Dec 2026 (~$13.3 billion annualized), per CFO Bret Johnsen at Goldman Sachs' Communacopia + Technology conference on 10 Sept 2026. Total value and term not disclosed; SpaceX says its compute deals generally allow exit on about 90 days' notice. Customer not confirmed: Anthropic's S-1 says it signed and amended several SpaceXAI agreements between May and October 2026 reaching about $3.1 billion a month once fully delivered in December 2026, which matches the timing, and Bloomberg reported Anthropic is SpaceX's 'Customer B'. Neither company, nor any top-tier outlet we found, has said this specific deal is Anthropic's.
- Capacity: not published
- Accelerators: not published
- Chips: not published
- Term: not published
- Status: signed
- Other parties: not published

Sources:
1. SpaceX signs $1.1B-per-month AI computing deal (Quartz via Yahoo Finance) https://finance.yahoo.com/technology/ai/articles/spacex-signs-1-1b-per-120459286.html (accessed 2026-11-09)
2. SpaceX Says a Mystery AI Customer Adds $1.11 Billion a Month (Yahoo Finance) https://finance.yahoo.com/technology/ai/articles/spacex-says-mystery-ai-customer-104230984.html (accessed 2026-11-09)
3. Anthropic, PBC Form S-1/A, Amendment No. 1 (SEC, 2 Nov 2026) https://www.sec.gov/Archives/edgar/data/2130357/000162828026068676/anthropicpbc-sx1ax1.htm (accessed 2026-11-09)

## Stargate adds five US sites (nearly 7 GW planned)

URL: https://aicomputedeals.com/stargate-five-new-sites-2025-09/
Website: https://group.softbank/en/news/press/20250924
Verified: 2026-11-09

OpenAI, Oracle and SoftBank named five new Stargate sites in Texas, New Mexico, Ohio and the Midwest. With Abilene and CoreWeave projects, planned capacity reached nearly 7 GW and over $400 billion of investment over three years.

- Tags: datacenter-buildout, stargate
- Announced: 2025-09-23
- Buyer: OpenAI
- Seller / provider: Oracle; SoftBank (SB Energy)
- Value: 400,000,000,000 USD
- Value note: "Over $400 billion" planned investment over the next three years across all Stargate sites; about $300 billion of that is the July 2025 Oracle agreement.
- Capacity: 7 GW
- Accelerators: not published
- Chips: not published
- Term: 3 years
- Status: expanded
- Other parties: Sites: Shackelford County TX, Doña Ana County NM, Lordstown OH, Milam County TX, Midwest site TBA

Sources:
1. OpenAI, Oracle, and SoftBank expand Stargate with five new AI data center sites (SoftBank) https://group.softbank/en/news/press/20250924 (accessed 2026-11-09)
2. OpenAI Expands Stargate With Five New Data Center Sites (Data Center Knowledge) https://www.datacenterknowledge.com/data-center-site-selection/openai-expands-stargate-with-five-new-data-center-sites-across-us (accessed 2026-11-09)

## Stargate Norway (Nscale, Aker, OpenAI) in Narvik

URL: https://aicomputedeals.com/stargate-norway-nscale-aker-2025-07/
Website: https://www.nscale.com/press-releases/stargate-norway-nscale-aker-openai
Verified: 2026-11-09

Nscale, Aker and OpenAI announced Stargate Norway near Narvik: 230 MW of renewable-powered capacity, with up to 290 MW more, targeting 100,000 NVIDIA GPUs by end-2026. In 2026 Nscale took sole control of the site and added a Microsoft expansion there.

- Tags: stargate, datacenter-buildout, neocloud, joint-venture
- Announced: 2025-07-31
- Buyer: OpenAI
- Seller / provider: Nscale
- Value: not published
- Value note: No value disclosed. Nscale later rolled up the Aker JV, announced a Microsoft expansion at Narvik (14 Apr 2026) and raised $790 million of financing for it (11 May 2026). Nscale's 2026 releases do not name OpenAI as the Narvik offtaker.
- Capacity: 0.23 GW
- Accelerators: 100,000 chips
- Chips: NVIDIA
- Term: not published
- Status: announced
- Other parties: Aker ASA

Sources:
1. Nscale, Aker and OpenAI to establish Stargate Norway (Nscale) https://www.nscale.com/press-releases/stargate-norway-nscale-aker-openai (accessed 2026-11-09)
2. Nscale announces expanded deal with Microsoft in Norway (Nscale) https://www.nscale.com/press-releases/nscale-microsoft-norway (accessed 2026-11-09)
3. Nscale Secures $790 Million in Financing for Norway (Nscale) https://www.nscale.com/press-releases/nscale-secures-790-million-norway (accessed 2026-11-09)

## Stargate Project launch (OpenAI, SoftBank, Oracle, MGX)

URL: https://aicomputedeals.com/stargate-project-launch-2025-01/
Website: https://openai.com/index/announcing-the-stargate-project/
Verified: 2026-11-09

OpenAI announced Stargate, a new company to invest $500 billion over four years in US AI infrastructure for OpenAI, with $100 billion deployed immediately. SoftBank, OpenAI, Oracle and MGX are the initial equity funders, and construction was already under way in Texas.

- Tags: datacenter-buildout, joint-venture
- Announced: 2025-01-21
- Buyer: OpenAI
- Seller / provider: Stargate LLC (SoftBank, OpenAI, Oracle, MGX)
- Value: 500,000,000,000 USD
- Value note: Planned investment of $500 billion over four years; $100 billion to be deployed immediately. A plan, not a contracted payment.
- Capacity: not published
- Accelerators: not published
- Chips: NVIDIA
- Term: 4 years
- Status: announced
- Other parties: Technology partners: Arm, Microsoft, NVIDIA, Oracle, OpenAI

Sources:
1. Announcing The Stargate Project (OpenAI) https://openai.com/index/announcing-the-stargate-project/ (accessed 2026-11-09)
2. Announcement of The Stargate Project (SoftBank Group) https://group.softbank/en/news/press/20250122 (accessed 2026-11-09)

## Stargate UAE 1 GW cluster (G42, OpenAI, Oracle, NVIDIA, Cisco, SoftBank)

URL: https://aicomputedeals.com/stargate-uae-1gw-2025-05/
Website: https://w.media/g42-openai-oracle-nvidia-softbank-group-and-cisco-come-together-to-launch-stargate-uae/
Verified: 2026-11-09

G42 will build a 1 GW Stargate UAE compute cluster inside Abu Dhabi's 5 GW UAE–U.S. AI Campus, operated by OpenAI and Oracle on NVIDIA GB300 systems. The first 200 MW is due in 2026.

- Tags: stargate, datacenter-buildout, joint-venture
- Announced: 2025-05-22
- Buyer: OpenAI
- Seller / provider: G42
- Value: not published
- Value note: No value disclosed. 1 GW cluster within a planned 5 GW campus; G42 said in October 2025 that the first 200 MW was progressing for 2026.
- Capacity: 1 GW
- Accelerators: not published
- Chips: NVIDIA GB300
- Term: not published
- Status: announced
- Other parties: Oracle (operator), NVIDIA, Cisco, SoftBank Group; built by Khazna Data Centers

Sources:
1. G42, OpenAI, Oracle, NVIDIA, SoftBank Group and Cisco come together to launch Stargate UAE (W.Media) https://w.media/g42-openai-oracle-nvidia-softbank-group-and-cisco-come-together-to-launch-stargate-uae/ (accessed 2026-11-09)
2. New update on Stargate UAE: First phase of 200MW to complete by 2026 (Gulf News) https://gulfnews.com/business/markets/stargate-uae-first-phase-of-200mw-to-complete-by-2026-1.500310364 (accessed 2026-11-09)

## Stargate UK (Nscale, OpenAI, NVIDIA)

URL: https://aicomputedeals.com/stargate-uk-nscale-openai-2025-09/
Website: https://www.nscale.com/press-releases/nscale-uk-ai-infrastructure-announcement
Verified: 2026-11-09

Nscale, OpenAI and NVIDIA set up Stargate UK. OpenAI will explore offtake of up to 8,000 NVIDIA GPUs in Q1 2026, potentially scaling to 31,000, across UK sites including Cobalt Park in the North East AI Growth Zone.

- Tags: stargate, neocloud, cloud-capacity
- Announced: 2025-09-16
- Buyer: OpenAI
- Seller / provider: Nscale
- Value: not published
- Value note: No value disclosed. An offtake OpenAI 'will explore', not a firm commitment.
- Capacity: not published
- Accelerators: 31,000 chips
- Chips: NVIDIA
- Term: not published
- Status: announced
- Other parties: NVIDIA

Sources:
1. Nscale announces UK AI infrastructure commitment with Microsoft, NVIDIA and OpenAI (Nscale) https://www.nscale.com/press-releases/nscale-uk-ai-infrastructure-announcement (accessed 2026-11-09)

## TeraWulf–Fluidstack 200 MW hosting, Google backstop

URL: https://aicomputedeals.com/terawulf-fluidstack-google-2025-08/
Website: https://www.sec.gov/Archives/edgar/data/1083301/000110465925078084/tm2523008d2_ex99-1.htm
Verified: 2026-11-09

TeraWulf signed two 10-year colocation deals with Fluidstack for over 200 MW of IT load at Lake Mariner, New York, worth about $3.7 billion. Google backstops $1.8 billion of Fluidstack's lease obligations and got warrants for about 8% of TeraWulf.

- Tags: datacenter-lease, backstop, equity-for-compute
- Announced: 2025-08-14
- Buyer: Fluidstack
- Seller / provider: TeraWulf
- Value: 3,700,000,000 USD
- Value note: About $3.7 billion contracted revenue over initial 10-year terms; about $8.7 billion with two five-year extensions. Google backstop $1.8 billion. Expanded 18 Aug 2025 with a 160 MW CB-5 lease: ~360 MW and $6.7 billion contracted in total, Google's backstop ~$3.2 billion and stake ~14%.
- Capacity: 0.2 GW
- Accelerators: not published
- Chips: not published
- Term: 10 years
- Status: expanded
- Other parties: Google (backstop; warrants for ~41 million TeraWulf shares, ~8% pro forma)

Sources:
1. TeraWulf 8-K Exhibit 99.1 (SEC) https://www.sec.gov/Archives/edgar/data/1083301/000110465925078084/tm2523008d2_ex99-1.htm (accessed 2026-11-09)
2. TeraWulf Announces Fluidstack Expansion with 160 MW CB-5 Lease, 8-K Ex. 99.1 (SEC) https://www.sec.gov/Archives/edgar/data/1083301/000110465925079463/tm2523651d3_ex99-1.htm (accessed 2026-11-09)

## xAI $20B GPU financing via SPV for Colossus 2 (NVIDIA-backed)

URL: https://aicomputedeals.com/xai-colossus2-gpu-spv-2025-10/
Website: https://finance.yahoo.com/news/elon-musk-xai-raise-20-124933356.html
Verified: 2026-11-09

xAI arranged about $20 billion through a special-purpose vehicle that buys NVIDIA GPUs and leases them to xAI for five years for Colossus 2 in Memphis. Reports put it at about $7.5 billion equity, including up to $2 billion from NVIDIA, and up to $12.5 billion debt.

- Tags: gpu-financing, equity-for-compute
- Announced: 2025-10-08
- Buyer: xAI
- Seller / provider: SPV (NVIDIA GPUs)
- Value: 20,000,000,000 USD
- Value note: About $20 billion: ~$7.5B equity + up to $12.5B debt, per Bloomberg. Not officially confirmed by xAI. SpaceX's Q3 2026 10-Q carries $12.9 billion of debt from GPU leases with Valor-managed entities.
- Capacity: not published
- Accelerators: not published
- Chips: NVIDIA
- Term: 5 years
- Status: announced
- Other parties: NVIDIA (up to $2B equity); Valor Capital, Apollo, Diameter Capital (investors, per Bloomberg)

Sources:
1. Elon Musk's xAI to raise $20 billion using special Nvidia-backed structure (Bloomberg via Yahoo) https://finance.yahoo.com/news/elon-musk-xai-raise-20-124933356.html (accessed 2026-11-09)
2. Musk's xAI nears $20bn raise with Nvidia (TechInformed) https://techinformed.com/musks-xai-nears-20bn-raise-with-nvidia-to-fund-colossus-2-gpus/ (accessed 2026-11-09)

## xAI–HUMAIN 500 MW+ data center in Saudi Arabia

URL: https://aicomputedeals.com/xai-humain-500mw-2025-11/
Website: https://www.cnbc.com/2025/11/19/musks-xai-will-be-customer-for-nvidia-data-center-in-saudi-arabia.html
Verified: 2026-11-09

HUMAIN and xAI will develop data centers in Saudi Arabia, anchored by a flagship facility of 500 MW or more with xAI as first customer. The first cluster is about 18,000 NVIDIA GB300 GPUs for training Grok.

- Tags: datacenter-buildout, cloud-capacity
- Announced: 2025-11-19
- Buyer: xAI
- Seller / provider: HUMAIN
- Value: not published
- Value note: No dollar value disclosed. 500 MW+ is the flagship facility size.
- Capacity: 0.5 GW
- Accelerators: 18,000 chips
- Chips: NVIDIA GB300
- Term: not published
- Status: announced
- Other parties: NVIDIA

Sources:
1. Elon Musk's xAI will be first customer for Nvidia-backed data center in Saudi Arabia (CNBC) https://www.cnbc.com/2025/11/19/musks-xai-will-be-customer-for-nvidia-data-center-in-saudi-arabia.html (accessed 2026-11-09)
2. HUMAIN Expands Strategic Partnership with NVIDIA (PR Newswire) https://www.prnewswire.com/news-releases/humain-expands-strategic-partnership-with-nvidia-advancing-global-ai-infrastructure-with-xai-global-ai-and-aws-at-the-us-saudi-investment-forum-302620854.html (accessed 2026-11-09)