Overview

• The partnership targets at least 10 gigawatts of new AI infrastructure, with about 1 gigawatt expected online in the second half of 2026.
• Nvidia is expected to begin supplying OpenAI with Vera Rubin–generation processors from late 2026, according to multiple reports.
• Funding is structured in tranches reportedly around $10 billion per installed gigawatt, with an initial payment tied to a finalized contract.
• Media reports say Nvidia would receive non‑voting shares while OpenAI uses the invested funds to purchase Nvidia GPUs.
• Nvidia shares rose roughly 4–4.5% to a record high after the announcement, while the companies said OpenAI’s partnership with Microsoft remains unchanged and final deal terms will be settled in the coming weeks.