Nvidia to Invest $100 Billion in OpenAI

The project announcement briefly sent Nvidia stock to a 52-week high.
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
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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.
Austin Alonzo
Austin Alonzo
Reporter
Austin Alonzo covers U.S. political and national news for The Epoch Times. He has covered local, business and agricultural news in Kansas City, Missouri, since 2012. He is a graduate of the University of Missouri. You can reach Austin via email at [email protected]
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