Chipmaker Nvidia will invest up to $100 billion in ChatGPT owner OpenAI and provide it with data center chips, the companies said 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. 3

The first $10 billion of Nvidia’s investment in OpenAI, which was most recently valued at $500 billion, will begin when the two companies reach a definitive agreement for OpenAI to purchase Nvidia chips

Nvidia did not respond to immediate requests for cla

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