Nvidia has announced a substantial investment of $100 billion in OpenAI, aimed at bolstering the development of new data centers and crucial infrastructure necessary to power the next generation of AI models from the creator of ChatGPT.

The two technology giants have formalized their commitment through a letter of intent to deploy at least 10 gigawatts of Nvidia systems. These advanced systems will be dedicated to the rigorous training and efficient operation of OpenAI's upcoming AI models. The initial phase of this ambitious project is slated to commence in the second half of 2026, leveraging the sophisticated capabilities of Nvidia's Vera Rubin platform.

Jensen Huang, CEO of Nvidia, emphasized the significance of this collaboration, stating in a press release, “This investment and infrastructure partnership mark the next leap forward—deploying 10 gigawatts to power the next era of intelligence.” Concurrently, OpenAI CEO Sam Altman underscored the foundational role of computing power, remarking, “Everything starts with compute.” He further elaborated on the broader implications, adding, “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.”

OpenAI has designated Nvidia as its 'preferred strategic compute and networking partner' for its extensive AI factory growth plans. This partnership is also noted to complement the ongoing work within the Stargate project, indicating a deeper, integrated strategy for AI development.

This latest $100 billion funding round follows a previous $6.6 billion funding round conducted by Nvidia in OpenAI in October of the preceding year. The magnitude of this new investment could potentially trigger antitrust scrutiny from the US Justice Department.

In related developments, OpenAI recently signed a non-binding agreement with Microsoft, allowing the AI startup to advance its restructuring into a for-profit entity. This agreement ensures that Microsoft will retain access to OpenAI’s cutting-edge AI models, even as the ChatGPT maker diversifies its cloud and infrastructure partners. Separately, OpenAI also secured a $40 billion funding round in March of this year, led by the SoftBank Group, which valued the company at $300 billion.