Overview
- The companies signed a letter of intent for a strategic alliance that targets at least 10 gigawatts of Nvidia systems for OpenAI’s next‑generation infrastructure.
- Unconfirmed reports describe two linked transactions in which OpenAI pays cash for hardware while Nvidia receives non‑voting shares, with an initial $10 billion tranche.
- The rollout is planned to begin in the second half of 2026 using Nvidia’s Vera Rubin systems, with progressive deployment thereafter.
- The 10 GW buildout is described as power on the order of more than four Hoover Dams or roughly eight million homes, highlighting significant energy and cooling needs.
- Nvidia’s stock rose about 3–4% on the news as the alliance sharpened questions about market concentration, energy demand and regulatory oversight.