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EN
Nvidia and OpenAI make $100 billion deal to build data centers
['No Author']
News - The Japan Times
Nvidia 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 announced the agreement Monday, saying they’d 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.
The money will be provided in stages, with the first $10 billion coming when the deal is signed, according to people familiar with the matter.
Further increments will follow when each gigawatt of computing power is deployed.
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