Chipmaker Nvidia will reportedly invest up to $100 billion in OpenAI and provide it with data center chips. A person familiar with OpenAI revealed that the agreement will allow Nvidia to begin delivering chips as early as the end of 2026 and involves two separate but related transactions. The person said OpenAI will purchase chips from Nvidia in cash, while Nvidia will acquire a non-controlling stake in OpenAI through the investment. Nvidia's initial $10 billion investment in OpenAI will begin after the two companies reach a final agreement for OpenAI to purchase Nvidia chips. The two companies have signed a letter of intent to establish a landmark strategic partnership and plan to deploy at least 10 gigawatts of Nvidia chips for OpenAI's artificial intelligence infrastructure. The two parties aim to finalize the details of the cooperation in the coming weeks, with the first deployment phase expected to be operational in the second half of 2026.