Nvidia has announced plans to invest up to $100bn in OpenAI in return for a significant stake in the ChatGPT maker, as part of a joint effort to build data centres for artificial intelligence.
OpenAI plans to buy millions of Nvidia’s AI processors as part of a deal to deploy up to 10 gigawatts of capacity, the two companies said on Monday, the equivalent output of 10 nuclear reactors.
Should Nvidia commit the full $100bn, it would be the largest-ever investment in a private company, reflecting the vast resources the $4.5tn chip giant wields as the world’s most valuable company. The contract ensures that Nvidia stays at the heart of OpenAI’s products for years to come.
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