Tags: $30 billion contract • CoreWeave • GPU infrastructure • Hyperscale Cloud • infra // STRUCTURE • LatAm expansion • M&A activity • Meta AI CapEx • OpenAI • Oracle Cloud
Originally posted on infra/STRUCTURE.
Digital infra/STRUCTURE Weekly Update:
- Oracle Cloud signed a $30 billion annual contract, reportedly with OpenAI, showcasing AI’s role in driving hyperscale cloud growth.
- Meta is raising $30 billion to expand its AI infrastructure, increasing its CapEx targets significantly.
- Despite growth, bearish sentiments persist, with skeptics comparing current trends to the dotcom bust, though these concerns are deemed unfounded.
- GPU cloud infrastructure is expanding rapidly, with CoreWeave acquiring Core Scientific to enhance data center capacity and construction capabilities.
- LatAm region sees growth with Microsoft opening a cloud region in Chile, Google building a subsea cable, and new data center projects in Brazil and beyond.
- CoreWeave introduced a new executive role to manage CapEx for data center builds and deployed Dell servers with NVIDIA chips.
- The hyperscale cloud sector continues to evolve, with developments in AI, infrastructure procurement, and regional expansion driving growth.
- The LatAm market is emerging as a key growth area for hyperscale cloud and data center operators.
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