"Nvidia is set to invest up to $100bn in OpenAI and supply the ChatGPT-maker with advanced data centre chips, in one of the most significant partnerships yet in the global race to dominate artificial intelligence. The deal, announced Monday, will be structured as two interlinked transactions. OpenAI will pay Nvidia in cash for chips, while Nvidia will take non-controlling shares in the AI start-up, according to a person close to the company. Shipments of the chipmaker's hardware are due to begin as early as late 2026."
""Everything starts with compute," said OpenAI chief executive 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." Altman has long argued that the pace of OpenAI's innovation is constrained by limited access to computing power, particularly GPUs, which underpin the ability of AI products to respond to user queries in real time."
Nvidia will invest up to $100bn in OpenAI and supply advanced data-centre chips through two linked transactions that include cash payments for chips and non-controlling Nvidia equity. Shipments are expected to begin as early as late 2026, with a first $10bn tranche triggered when OpenAI signs a definitive chip-purchase agreement. Both companies signed a letter of intent to deploy at least 10GW of Nvidia chips to power OpenAI infrastructure. OpenAI cites constrained innovation from limited GPU access. Partnership details are expected to be finalised in coming weeks, with initial deployment planned for the second half of 2026. Nvidia recently pledged $5bn to Intel.
Read at Business Matters
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