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AI Deals: Q1 2024
All AI industry deals announced during Q1 2024. Track investments, acquisitions, and strategic partnerships.
Total Deals
11
Total Value
$25.8B
Deal Types
6
Breakdown by Type
→Acquisition
Microsoft→Inflection AI
Microsoft hires Inflection AI team and licenses technology
$650MMar 19, 2024
◆Hardware
Nvidia→Google
Multi-year GPU supply for Google Cloud AI infrastructure
$7.0BMar 15, 2024
◆Hardware
Nvidia→AWS
Supply agreement for H100 GPUs for AWS AI services
$8.0BMar 15, 2024
◆Hardware
Nvidia→Microsoft
Multi-year supply agreement for H100 and GB200 chips for Azure AI
$10.0BMar 15, 2024
↗Investment
Databricks→Mistral AI
Databricks invests in Mistral AI's Series A, integrates models into platform
UndisclosedMar 14, 2024
⟷Integration
Databricks→Scale AI
Data labeling partnership integration
UndisclosedMar 5, 2024
☁Compute
Google→Cohere
Strategic cloud partnership for GCP deployment
UndisclosedFeb 14, 2024
↗Investment
Sequoia Capital→LangChain
Sequoia leads LangChain's $25M Series A at $200M valuation
$25MFeb 1, 2024
↗Investment
Benchmark→Sierra
Benchmark co-leads Sierra's $110M Series A funding
UndisclosedFeb 1, 2024
↗Investment
Sequoia Capital→Sierra
Sequoia and Benchmark lead Sierra's $110M Series A at $1B valuation
$110MFeb 1, 2024
◎Research
Microsoft→Adept
Research collaboration on AI agents
UndisclosedJan 10, 2024