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Fortune
Fortune
Nick Lichtenberg

Nvidia pours $100 billion into OpenAI just days after pledging $5 billion to Intel

Jensen Huang (Credit: Leon Neal/Getty Images)

Nvidia is preparing one of the largest investments in the history of artificial intelligence, pledging up to $100 billion in funding for OpenAI, the creator of ChatGPT. The deal comes hot on the heels of Nvidia pledging a $5 billion investment into Intel, its one-time rival and former American semiconductor champion.

The companies jointly announced they had signed a letter of intent for a strategic partnership to deploy at least 10 gigawatts of NVIDIA systems for OpenAI’s next-generation AI infrastructure to train and run its next generation of models. Nvidia’s investment will go directly toward building data center and power capacity, the announcement said.

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