Nvidia To Invest $100 Billion In OpenAI To Build Data Centers

Nvidia and OpenAI announced a new partnership to build and deploy AI data centers on Monday. Nvidia will invest up to $100 billion in OpenAI for at least 10 gigawatts of capacity as the new NVIDIA systems are deployed.

According to Nvidia’s announcement, the companies submitted a letter of intent for the new deal, and the first phase is expected to go online in the second half of 2026.

“This investment and infrastructure partnership mark the next leap forward—deploying 10 gigawatts to power the next era of intelligence,” said Jensen Huang, founder and CEO of NVIDIA

The new infrastructure is expected to accelerate AI development and strengthen the companies’ alliance, although the location for the new facilities has not yet been disclosed. OpenAI will prioritize Nvidia’s computing service and advanced hardware to develop its AI technology and groundbreaking models.

“Compute infrastructure will be the basis for the economy of the future, and we will utilize what we’re building with NVIDIA to both create new AI breakthroughs and empower people and businesses with them at scale,”  said Sam Altman, cofounder and CEO of OpenAI.

According to CNBC, the agreement was reached after “a series of hurried negotiations” with no bankers involved, as reported by sources familiar with the matter. Huang described the deal as “monumental in size” and noted that Nvidia has agreed to invest $10 million at a time.

The deal was also facilitated by meetings in the United Kingdom during President Donald Trump’s visit, where both parties had the opportunity to discuss the project with key stakeholders. During the visit, Nvidia and OpenAI also announced new investments in the region.

“You should expect a lot from us in the coming months,” said Altman to CNBC. “There are three things that OpenAI has to do well: we have to do great AI research, we have to make these products people want to use, and we have to figure out how to do this unprecedented infrastructure challenge.”

Both companies are betting on the rapid adoption of AI and the potential of ChatGPT to expand with the support of the new AI supercomputing facilities.