Overview
- The companies announced a strategic partnership that couples capital with long‑term Nvidia hardware supply for OpenAI’s global data‑center buildout targeting at least 10 gigawatts.
- Reuters and Bloomberg report that Nvidia would receive largely non‑voting equity while OpenAI uses much of the investment to purchase Nvidia GPUs, with an initial tranche of about $10 billion tied to contract and implementation milestones.
- The first phase is slated to deploy Nvidia’s next‑generation Vera Rubin platform when capacity goes live in the second half of 2026.
- Nvidia shares rose roughly 4–4.5% to a record high after the announcement as analysts said each additional gigawatt could equate to tens of billions of dollars in revenue.
- Analysts highlight financing, energy sourcing and the circular structure as key risks, while OpenAI’s Microsoft partnership remains in place and the company is reportedly seeking a $500 billion valuation.