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Fortune
Fortune
Sheryl Estrada

Nvidia and OpenAI partnership is a catalyst for enterprise AI growth, says Wedbush’s Dan Ives

OpenAI Nvidia Dan Ives Wedbush Artificial Intelligence
(Credit: Getty Images)

Good morning. One of the largest investments in artificial intelligence to date could further accelerate enterprise AI adoption.

OpenAI, the maker of ChatGPT, and AI chip leader Nvidia announced a strategic partnership on Monday, with Nvidia committing up to $100 billion to support OpenAI’s next-generation AI infrastructure—including investments in power capacity and data centers. The agreement entails deploying at least 10 gigawatts of Nvidia-powered systems—amounting to millions of graphics processing units (GPUs)—to develop and run advanced AI models. The first phase is expected to go live in the second half of 2026.

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