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Nvidia Commits $100 Billion to OpenAI in Historic AI Infrastructure Deal—Stock Pops

Nvidia is betting big on the future of artificial intelligence, committing up to $100 billion to build out OpenAI’s computing muscle in what could be the largest infrastructure deal in AI history to date. The chipmaker said Monday it had signed a letter of intent with OpenAI to deploy at least 10 gigawatts of Nvidia-powered AI systems. A gigawatt is equal to one billion watts of power—enough electricity to supply millions of homes. According to a report by Bloomberg, the money will be provided in stages, ...