Nvidia will invest up to $100 billion in OpenAI as part of a large-scale data centre buildout, the two companies announced on Monday.
The chipmaker and artificial intelligence start-up signed a letter of intent to collaborate on deploying 10 gigawatts of Nvidia chips to support OpenAI’s infrastructure. The first phase of the project is expected to go online in the second half of 2026.
“Nvidia and OpenAI have pushed each other for a decade, from the first DGX supercomputer to the breakthrough of ChatGPT,” said Jensen Huang, CEO, Nvidia. “This investment and infrastructure partnership mark the next leap forward – deploying 10 gigawatts to power the next era of intelligence.”
Following the announcement, Nvidia shares rose more than 3 per cent in afternoon trading in the US, reaching $183.22 per share.
As part of the agreement, OpenAI named Nvidia its preferred strategic compute and networking partner for AI factory expansion. The companies will also collaborate on optimising their respective hardware and software road maps.
“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 utilise what we’re building with Nvidia to both create AI breakthroughs and empower people and businesses with them at scale.”
The companies expect to finalise details of the partnership in the coming weeks. The initiative will complement OpenAI’s ongoing collaborations with Microsoft, Oracle, SoftBank, and other partners involved in the Stargate project.
The announcement follows Nvidia’s recent $5 billion investment commitment in Intel to co-develop new data centre and PC products. Nvidia said it will work with Intel to design custom x86 CPUs for integration into its AI infrastructure platforms.
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