OpenAI and NVIDIA sign 10GW compute deal with up to $100B investment

OpenAI and NVIDIA on Monday signed a letter of intent for a strategic partnership under which NVIDIA will supply systems to power at least 10 gigawatts of OpenAI datacenter capacity and will invest up to $100 billion in the company as that new capacity comes online, company statements and market reports said. The agreement, announced in San Francisco and Santa Clara, is intended to support OpenAI’s next generation of models and is targeted to begin with an initial deployment in the second half of 2026 using NVIDIA’s upcoming Vera Rubin platform.

Under the broad terms disclosed by the companies, the 10 gigawatts of systems would represent millions of NVIDIA GPUs and a multi‑year infrastructure build that both firms framed as foundational to advancing large AI models. “This investment and infrastructure partnership mark the next leap forward, deploying 10 gigawatts to power the next era of intelligence,” NVIDIA founder and chief executive Jensen Huang said in a prepared statement. OpenAI chief executive Sam Altman said in a statement that “everything starts with compute” and that the expanded capacity will be used to both accelerate research and scale AI products widely.