Nvidia co-founder and CEO Jensen Huang explains the event of the know-how on ‘The Claman Countdown.’
Chipmaker Nvidia plans to speculate as much as $100 billion in synthetic intelligence agency OpenAI, the businesses introduced on Monday.
A letter of intent mentioned the partnership will enable OpenAI to construct and deploy at the very least 10 gigawatts of AI knowledge facilities with Nvidia methods. The primary part is focused to return on-line within the second half of 2026.
“This funding and infrastructure partnership mark the subsequent leap ahead – deploying 10 gigawatts to energy the subsequent period of intelligence,” Nvidia CEO Jensen Huang mentioned in a press release.
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The businesses goal to finalize the small print of the brand new part within the coming weeks.
Jensen Huang, co-founder and chief government officer of Nvidia Corp., holds up the corporate’s AI accelerator chips for knowledge facilities. (Akio Kon/Bloomberg by way of Getty Pictures / Getty Pictures)
“All the pieces begins with compute,” Sam Altman, CEO of OpenAI mentioned in a press release. “Compute infrastructure would be the foundation for the economic system of the long run, and we are going to make the most of what we’re constructing with Nvidia to each create new AI breakthroughs and empower folks and companies with them at scale.”
Open AI CEO Sam Altman speaks throughout a chat session with SoftBank Group CEO Masayoshi Son at an occasion titled “Reworking Enterprise by way of AI” in Tokyo, Japan, on Feb. 3. (Tomohiro Ohsumi/Getty Pictures / Getty Pictures)
Nvidia’s funding comes days after it dedicated $5 billion to struggling chipmaker Intel.
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Lip-Bu Tan, chief government officer of Intel Corp., departs following a gathering on the White Home in Washington, D.C., on Aug. 11, 2025. (Alex Wroblewski/Bloomberg by way of Getty Pictures / Getty Pictures)
OpenAI and its backer Microsoft additionally introduced earlier this month that they’ve signed a non-binding deal for brand spanking new relationship phrases that will enable for OpenAI’s restructuring right into a for-profit firm.
| Ticker | Safety | Final | Change | Change % |
|---|---|---|---|---|
| NVDA | NVIDIA CORP. | 176.67 | +0.43 | +0.24% |
| INTC | INTEL CORP. | 29.58 | -0.99 | -3.24% |
Nvidia additionally backed OpenAI in a $6.6 billion funding spherical in October 2024. The world’s Most worthy agency making one other sizeable funding in OpenAI might result in antitrust scrutiny.
The partnership between Nvidia and OpenAI comes as firms proceed to spend money on AI and see it as a method of the long run.
Huang mentioned throughout a current interview on FOX Enterprise Community’s “The Claman Countdown” that he expects AI to deliver a number of constructive adjustments to all kinds of areas, together with productiveness, GDP development and the power to pursue new concepts.
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“Each industrial revolution results in some change social conduct,” he advised host Liz Claman. “However I count on the economic system to be doing very properly due to AI and automation. And I count on us to counterpoint our lives. Life high quality will get higher, after all, over time. Some jobs will go away. Many roles will likely be new and invented. However one factor for certain, each job will likely be modified because of AI.”
Nvidia co-founder and CEO Jensen Huang explains the event of the know-how on ‘The Claman Countdown.’
Huang added that the elevated productiveness might ultimately result in four-day work weeks.
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“We might spend extra time on the weekends with household and get some studying executed and do some touring and nothing is healthier than that,” he mentioned. “We got here from a world of seven-day work weeks and now we’re in a five-day work week.”
FOX Enterprise’ Stephen Sorace and Reuters contributed to this report