OpenAI-Nvidia $100B Deal Sealed via Last-Minute Talks
A high-stakes deal valued at USD 100 billion between OpenAI and Nvidia was finalized after private discussions between OpenAI CEO Sam Altman and Nvidia CEO Jensen Huang. Reports suggest much of the negotiation was wrapped up rapidly during final meetings.
Deal Structure
Under the agreement, Nvidia will supply cutting-edge data center chips to OpenAI while also acquiring a non-controlling stake in OpenAI. OpenAI is expected to progressively purchase Nvidia’s systems as deployment scales.
Ambitious Infrastructure Plans
The partnership aims to support building at least 10 gigawatts of computing infrastructure powered by Nvidia systems. The first phase rollout is expected to begin by late 2026. Analysts warn that power supply, cooling, and deployment logistics will be key hurdles.
Market & Regulatory Watch
This deal has triggered concern over antitrust risks, given Nvidia’s dominant position in GPU supply for AI workloads. Questions are also being raised about whether the investment is circular—i.e., Nvidia providing capital that flows back through OpenAI’s procurement of Nvidia products.
