Nvidia to invest up to USD100 billion in OpenAI, power new models

Nvidia Corp on Monday said it will provide at least 10 gigawatts of its systems for OpenAI's next-generation AI infrastructure, alongside an investment of up to USD100 billion.

Shares in Santa Clara, California-based chipmaker Nvidia were 3.7% higher at USD183.07 on Monday afternoon in New York.

Nvidia said a letter of intent signed with the ChatGPT-owner will see its systems run OpenAI's "next generation of models on the path to deploying superintelligence."

Nvidia's investment of up to USD100 billion will come progressively as its systems are deployed by OpenAI. The companies expect the first phase of the project to come online in the second half of 2026, using the Nvidia Vera Rubin platform.

"Everything starts with compute," said OpenAI Chief Executive Officer Sam Altman. "Compute infrastructure will be the basis for the economy of the future, and we will utilize what we're building with Nvidia to both create new AI breakthroughs and empower people and businesses with them at scale."

"Nvidia and OpenAI have pushed each other for a decade, from the first DGX supercomputer to the breakthrough of ChatGPT," added Nvidia CEO Jensen Huang. This investment and infrastructure partnership mark the next leap forward - deploying 10 gigawatts to power the next era of intelligence."

The companies expect to finalize details of the first phase in the coming weeks.