Chipmaker Nvidia will invest up to $100 billion in ChatGPT owner OpenAI and provide it with data centre chips, the companies announced Monday, forming a major partnership in the global artificial intelligence race.
The deal includes two linked transactions: OpenAI will pay Nvidia in cash for chips, while Nvidia will acquire non-controlling shares in OpenAI. The first $10 billion of Nvidia’s investment will begin once OpenAI finalises its purchase of Nvidia systems.
The companies signed a letter of intent to deploy at least 10 gigawatts of Nvidia chips for OpenAI’s AI infrastructure, with the first gigawatt scheduled for deployment in the second half of 2026 on Nvidia’s Vera Rubin platform.
OpenAI CEO Sam Altman said: “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 new AI breakthroughs and empower people and businesses with them at scale.”
Nvidia shares rose as much as 4.4% following the announcement. The investment comes days after Nvidia committed $5 billion to Intel and follows a $6.6 billion funding round for OpenAI in October 2024.
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A day of mourning has been declared in Portugal to pay respect to victims who lost their lives in the Lisbon Funicular crash which happened on Wednesday evening.
A Polish Air Force pilot was killed on Thursday when an F-16 fighter jet crashed during a training flight ahead of the 2025 Radom International Air Show.
Video from the USGS (United States Geological Survey) showed on Friday (19 September) the Kilauea volcano in Hawaii erupting and spewing lava.
At least eight people have died and more than 90 others were injured following a catastrophic gas tanker explosion on a major highway in Mexico City’s Iztapalapa district on Wednesday, authorities confirmed.
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The U.S. envoy to Türkiye has confirmed that a Turkish Airlines’ Boeing aircraft deal has been finalised, marking a significant step in expanding the carrier’s fleet.
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Broad market stocks experienced slight declines during the day, according to Alexander Morris, CEO and Chief Investment Officer of F/M Investments.
The relationship between OpenAI and NVIDIA represents one of the most consequential partnerships in the artificial intelligence (AI) industry, a symbiotic alliance that has evolved from humble beginnings to a £73 billion strategic collaboration that could reshape the future of computing.
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