- Oracle’s $40B Nvidia Chip Deal: Oracle plans a massive $40 billion deal with Nvidia for an AI facility in Texas, indicating significant investment in AI infrastructure. (May 27)
- Cathay Innovation Closes $1B Fund: Cathay Innovation has closed its third fund at $1 billion, specifically looking to back AI startups in various sectors including digital health, fintech, consumer technology, mobility, and energy. (May 27)
- UAE and US Finalize $200B AI Campus Deal: The UAE and US are partnering to build the largest AI campus outside the US, as part of $200 billion in bilateral deals supported by Nvidia chips and US firms. (May 16, reported this week)
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