analysis OpenAI and Nvidia have signed a letter of intent wherein OpenAI agrees to buy at least 10 gigawatts of Nvidia systems for its datacenters, while the AI arms dealer returns the favor with an investment of up to $100 billion in the house that Altman built.

The first phase of the deal, which Nvidia and OpenAI jointly announced on Monday, will see OpenAI deploying Team Green's Vera Rubin platform in its datacenters starting in H2 2026. To help defray the cost and to own a bigger piece of the AI pie, Nvidia will start buying into OpenAI "progressively as each gigawatt is deployed," the press release explains. As part of the deal, Nvidia will become the "preferred strategic compute and networking partner" of OpenAI, whatever that means. The deal is non-exclusive on OpenAI's part, we're

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