Home Business Nvidia to Invest $100 Billion in OpenAI

Nvidia to Invest $100 Billion in OpenAI

Share
nvidia-to-invest-$100-billion-in-openai
Nvidia to Invest $100 Billion in OpenAI
Share
Nvidia to Invest $100 Billion in OpenAI

Nivida CEO Jensen Huang speaks during a news conference in Taipei. I-HWA CHENG/AFP via Getty Images

Nvidia plans on investing as much as $100 billion in artificial intelligence company OpenAI as part of a strategic partnership to expand OpenAI’s datacenter capacity.

On Sept. 22, the two technology companies announced they had signed a letter of intent to form a long-term partnership. The deal will enable OpenAI to build and deploy at least 10 gigawatts of AI datacenter systems, with Nvidia providing millions of graphics processing units as well as network infrastructure. The first phase of the datacenter project is slated to come online in the second half of 2026.

Share
Related Articles
usda-unveils-new-support-for-ranchers-to-rebuild-cattle-herds
BusinessEconomyUSUS News

USDA Unveils New Support for Ranchers to Rebuild Cattle Herds

The U.S. Department of Agriculture has unveiled a new package of measures...

how-major-us-stock-indexes-fared-aug.-31
BrightBusinessInvestingMarketsPersonal FinanceStocks

How Major US Stock Indexes Fared Aug. 31

Oil prices rose and U.S. stocks fell after American forces struck Iranian...

trump-unveils-new-drug-pricing-deals-with-9-pharmaceutical-companies
BusinessCompaniesExecutive BranchUSUS NewsUS Politics

Trump Unveils New Drug Pricing Deals With 9 Pharmaceutical Companies

President Donald Trump on Aug. 31 announced agreements with nine midsize pharmaceutical...