Where did the technology giant's "AI arms race" money all burn?

Meta 1. Meta and CoreWeave: CoreWeave signed a $14 billion agreement with Meta to provide computational support. 2. Meta and Oracle: Oracle is in negotiations with Meta for a multi-year cloud computing deal worth around $20 billion, reflecting the social media giant's active search for faster access to computing resources. 3. Meta and Google: Reuters reported in August that Google has reached a six-year, over $10 billion cloud computing agreement with Meta. 4. Meta and Scale AI: Meta acquired a 49% stake in Scale AI for approximately $14.3 billion and "poached" Scale AI founder Alexandr Wang to play a key role in Meta's AI strategy. Google 1. Google and Texas: Google will invest $40 billion in three new data centers in Texas by 2027, while continuing to expand its facilities in the Midlothian Park and Dallas Cloud regions, both of which are part of its global network of 42 cloud regions. 2. Google and Windsurf: Google has brought in several core technical personnel from AI code generation startup Windsurf and will pay a $2.4 billion licensing fee to non-exclusively acquire and use some of Windsurf's technology. Other Major Transactions 1. Nebius Group and Microsoft: Nebius Group signed a five-year contract with Microsoft to provide $17.4 billion worth of GPU infrastructure capacity. 2. Intel and SoftBank: SoftBank invested $2 billion in Intel, becoming one of the top ten shareholders of the struggling American chip manufacturer. 3. Tesla and Samsung: Tesla reached a $16.5 billion chip procurement agreement with Samsung, with the next generation AI6 chips being produced at Samsung's new factory in Texas. 4. Amazon and Anthropic: Amazon increased its investment in OpenAI competitor Anthropic by $4 billion, doubling its total investment.