AI Compute
Nvidia Leads $2 Billion AI Infrastructure Push as Hyperscalers Plan $700 Billion Capex Surge
Nvidia invested $2 billion in AI cloud firm Nebius and an additional $2 billion in photonic companies as hyperscalers prepare to spend approximately $700 billion on AI infrastructure in 2026. The investments come amid surging demand for AI computing resources and the unexpected cancellation of Oracle and OpenAI's Texas Stargate expansion project.