NVIDIA is set to invest up to USD 100 billion in OpenAI while providing the company with data center chips. Both companies confirmed the news on their official websites on Monday.
The deal sees NVIDIA delivering chips by late 2026, structured as two transactions. OpenAI will purchase chips directly from NVIDIA, while NVIDIA invests in OpenAI for non-controlling shares.
The first stage involves NVIDIA making a USD 10 billion investment in OpenAI. It’s set to begin once both companies reach a definitive agreement for OpenAI to purchase NVIDIA’s chips.
The companies will finalize their partnership details in the coming weeks. Once everything’s hashed out, chip deliveries will begin in late 2026.
This follows the companies’ unveiling of a letter of intent to deploy at least 10GW of NVIDIA chips for OpenAI’s infrastructure. That said, the deal is set to solve the ChatGPT developers’ biggest issue.
OpenAI CEO Sam Altman said that computing power persists as their main bottleneck. With NVIDIA’s help, they’ll have access to a great deal of graphics processing units (GPUs), allowing AI products to cater to user queries.
0 Comments
Leave a Reply