Nvidia to invest up to $100 billion in ChatGPT creator. The stock has gone from down to up

Nvidia, the world's largest artificial intelligence processor manufacturer, is investing up to $100 billion in OpenAI, which created the ChatGPT artificial intelligence. The companies announced the strategic partnership, planning to deploy at least 10 gigawatts of Nvidia's computing power for OpenAI's next generation of AI models.

"This is a gigantic project," Nvidia CEO Jensen Huang told CNBC . He explained that 10 gigawatts of power is equivalent to 4-5 million Nvidia graphics processing units (GPUs): this is comparable to the company's shipments for all of 2025 and "double the level of last year."

The project includes construction of data centers and expansion of power capacity. The chipmaker's investment in OpenAI will be implemented in stages, according to a statement on Nvidia's website. The first capacity is scheduled to be launched in the second half of 2026 using Nvidia's new Vera Rubin platform.

OpenAI has selected Nvidia as its key computing and networking partner for the development of its AI Factory. The companies are synchronizing their plans: OpenAI for AI models and software infrastructure, and Nvidia for hardware and software. The agreement expands the two companies' collaboration under the Stargate initiative, which also involves Microsoft, Oracle and SoftBank.

"Computing infrastructure will be the backbone of the economy of the future, and we will use what we're building with Nvidia to pursue new AI breakthroughs and deliver them to people and companies at scale," said OpenAI co-founder and CEO Sam Altman in a joint statement.

The parties intend to approve the final details of the new phase of the partnership in the coming weeks.

Nvidia shares were declining before the announcement of the partnership with OpenAI, but after the publication of the announcement they recovered their losses and began to grow rapidly. At the moment, the quotes added more than 4%. Nvidia's market capitalization jumped to about $4.5 trillion.

The announced investment in OpenAI will be one of the largest for Nvidia, CNBC noted. In September, the company actively reported on deals and agreements. Thus, in the middle of the month, Nvidia announced the purchase of a stake in the American processor manufacturer Intel for $5 billion. In addition, the company reported an investment of about $700 million in the British data center startup Nscale. Nvidia also spent more than $900 million to attract the CEO of AI startup Enfabrica, Rochan Sankar, and his team, as well as to license the company's technologies, CNBC wrote on September 18.

This article was AI-translated and verified by a human editor