Overview

• The companies announced a strategic partnership committing up to $100 billion and at least 10 gigawatts of new AI infrastructure, with details to be finalized in the coming weeks.
• About 1 gigawatt of capacity is planned to come online in the second half of 2026, with Nvidia supplying hardware based on its new Vera Rubin systems.
• Reporting indicates the investment will be disbursed in stages, beginning with roughly $10 billion linked to early milestones, and that OpenAI will pay cash for Nvidia GPUs.
• Reuters and other outlets report first Nvidia AI processors for OpenAI are expected by late 2026 and that Nvidia could receive non‑voting shares.
• Nvidia shares rose about 4–4.5% to a record high after the announcement, and OpenAI’s collaboration with Microsoft and its in‑house chip work will continue.