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In an interview with CNBC's Jim Cramer , Nvidia CEO Jensen Huang discussed his company's new deal with OpenAI, saying it's the first "direct partnership" with the ChatGPT maker.
"This is a partnership that, for the first time, OpenAI is going to buy directly from us," Huang said. "Usually…a cloud service provider buys from us, and they rent from a cloud service provider. And so now it's going to be a direct partnership."
Nvidia announced in September it plans to invest up to $100 billion in OpenAI to build out artificial intelligence data center capacity. The companies said OpenAI is seeking to build and deploy Nvidia systems that require 10 gigawatts of power. Huang previously told CNBC that 10