Nvidia announced Monday it plans to invest in Openai up to $100 billion as part of a transaction to build a large data center for training and execution of AI models. The company says it has signed a letter of intent to deploy 10 gigawatts sufficient to bolster millions of homes to power OpenAI’s next-generation AI infrastructure.
This transaction could help OpenAI as it reduces its reliance on Microsoft, the largest investor and supplier of cloud computing resources. In January, Microsoft announced a change in partnership with Openai, allowing ChatGpt-Maker to build additional AI infrastructure with other partners. Since then, Openai has worked with a variety of partners on AI data center projects such as Stargate. Nvidia says the deal will complement the existing partnerships Openai has, including agreements with Microsoft, Oracle and SoftBank.
Openai says it will work with Nvidia as a “preferred strategic calculation and networking partner” for the growth of its AI factory. It is unclear whether Nvidia’s investments will be paid in chips, cloud credits, cash, etc.
