Nvidia, OpenAI Make $100 Billion Deal to Build Data Centers

Nvidia Investing $100 Billion in OpenAI

Nvidia Corp. will invest as much as $100 billion in OpenAI to support new data centers and other artificial intelligence infrastructure, a blockbuster deal that underscores booming demand for AI tools like ChatGPT and the computing power needed to make them run.

The companies announcedBloomberg Terminal the agreement Monday, saying they had signed a letter of intent for a strategic deal. The investment is meant to help OpenAI build data centers with a capacity of at least 10 gigawatts of power — equipped with Nvidia’s advanced chips to train and deploy AI models.