On Monday (the 22nd), NVIDIA made a groundbreaking announcement: it is set to invest up to $100 billion in OpenAI to bolster the latter's ambitious plan to construct hyperscale data centers. This strategic move has sent ripples through both the tech and financial realms, significantly easing worries about OpenAI's financial health. Under the terms of the agreement, OpenAI will leverage NVIDIA's cutting-edge systems to construct and deploy AI data centers boasting a minimum capacity of 10 gigawatts. The finer points of this collaboration are expected to be ironed out in the weeks ahead.

NVIDIA's CEO, Jensen Huang, emphasized the magnitude of this investment, noting that it equates to the procurement of 4 to 5 million graphics processing units (GPUs). To put this in perspective, this figure is roughly on par with NVIDIA's total GPU shipments for the current year and double that of the previous year. The market responded favorably to the news, with NVIDIA's stock price closing nearly 4% higher following the announcement.