announced
OpenAI–NVIDIA 10 GW letter of intent (up to $100B investment)
OpenAI and NVIDIA signed a letter of intent for at least 10 GW of NVIDIA systems, with NVIDIA intending to invest up to $100 billion in OpenAI as each gigawatt is deployed. The first gigawatt was targeted for the second half of 2026 on Vera Rubin.
What the value means
"Invest up to $100 billion" progressively per gigawatt deployed. Letter of intent, not a definitive agreement. In Feb 2026 NVIDIA instead committed $30 billion in OpenAI's funding round (see separate record).
The record
Verified 9 Nov 2026- Announced
- Buyer
- OpenAI
- Seller / provider
- NVIDIA
- ValueHeadline dollar value exactly as stated in the cited source.
- 100,000,000,000 USD
- Capacity
- 10 GW
- Accelerators
- Not disclosed
- Chips
- NVIDIA Vera Rubin
- Term
- Not disclosed
- StatusLOI, plan or press report
- announced
- Other parties
- None named
- Deal type
- chip-supply, equity-for-compute
Sources
1Cite this deal
AI Compute Deals, “OpenAI–NVIDIA 10 GW letter of intent (up to $100B investment)”, https://aicomputedeals.com/openai-nvidia-10gw-loi-2025-09/ (verified 2026-11-09).
Data under CC BY 4.0. Download the full ledger.
The rest of this relationship
2 rows- NVIDIA invests $30B in OpenAI's $110B round $30B signed
- OpenAI–NVIDIA 10 GW letter of intent (up to $100B investment) $100B announced