The Nvidia logo is seen on a building at Nvidia headquarters on August 27, in Santa Clara, California. The chipmaker plans to invest up to $100 billion in OpenAI. Justin Sullivan/Getty Images

Chipmaker Nvidia will invest up to $100 billion in OpenAI and provide it with data center chips, the companies said on Monday, a tie-up between two of the highest-profile leaders in the global artificial intelligence race.

The deal, which will see Nvidia start delivering chips as soon as late 2026, will involve two separate but intertwined transactions, according to a person close to OpenAI.

The startup will pay Nvidia in cash for chips, and Nvidia will invest in OpenAI for non-controlling shares, the person said.

The first $10 billion of Nvidia’s investment in OpenAI, which was most recently va

See Full Page