"Nvidia plans to invest up to $100 billion in OpenAI, supplying the artificial intelligence company with data center chips while acquiring non-controlling shares. The partnership represents one of the largest funding commitments in the AI sector and strengthens ties between two organizations at the forefront of machine learning development. The deal involves two linked components. OpenAI will pay Nvidia in cash for high-performance computing chips, while Nvidia will invest equity in OpenAI without seeking control of the company."
"Nvidia and OpenAI signed a letter of intent covering at least 10 gigawatts of Nvidia hardware for new data centers. According to both companies, the agreement will provide infrastructure designed to support increasingly complex AI models. OpenAI chief executive Sam Altman said the arrangement would expand access to advanced compute resources, helping researchers and businesses pursue new applications. The collaboration goes beyond hardware supply."
"This structure ensures that OpenAI receives long-term access to critical compute resources while Nvidia secures financial exposure to one of the most influential AI developers. Analysts note that by avoiding direct control, Nvidia reduces the likelihood of triggering antitrust reviews. Building AI infrastructure Nvidia and OpenAI signed a letter of intent covering at least 10 gigawatts of Nvidia hardware for new data centers. According to both companies, the agreement will provide infrastructure designed to support increasingly complex AI models."
Nvidia will invest up to $100 billion in OpenAI and will supply data center chips while taking non-controlling equity stakes. The agreement links chip sales and equity investment, with OpenAI paying cash for high-performance computing hardware and Nvidia investing without seeking control. An initial $10 billion tranche begins after OpenAI formally commits to purchases, with first chip shipments expected in late 2026 and rollout through the second half of that year. The companies signed a letter of intent covering at least 10 gigawatts of hardware for new data centers to support increasingly complex AI models. Nvidia seeks long-term compute access while limiting antitrust risk.
Read at App Developer Magazine
Unable to calculate read time
Collection
[
|
...
]