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Nvidia to Invest Up to $100 Billion in OpenAI, Setting Private Funding Record
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News Archives | PYMNTS.com
Nvidia, the artificial intelligence industry’s most valuable chipmaker, will commit as much as $100 billion to OpenAI beginning in 2026.
OpenAI will buy millions of Nvidia AI processors.
The deal is the largest private-company investment on record, provided Nvidia invests the full $100 billion, the Financial Times reported Monday.
Nvidia will invest $10 billion when the first gigawatt is deployed, according to the report.
The Oracle contract locks in cloud services at a multiyear scale, while the Nvidia deal ensures hardware availability.
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