Nvidia(US:NVDA) Sou Hu Cai Jing·2025-09-23 06:20Core Viewpoint - Nvidia plans to invest up to $100 billion in OpenAI to build a massive AI data center with a computing capacity of 10 gigawatts, marking a significant strategic partnership between the two companies [3][4][6]. Investment Details - The investment will be disbursed gradually as each gigawatt capacity comes online, with the first system expected to be operational in the second half of 2026 [3][6]. - Building a gigawatt data center is estimated to cost between $50 billion and $60 billion, with approximately $35 billion allocated for Nvidia's chips and systems [6][10]. Strategic Importance - Nvidia's CEO, Jensen Huang, described the partnership as a "milestone" resulting from a decade of collaboration between Nvidia and OpenAI [4][5]. - OpenAI's CEO, Sam Altman, emphasized that computing infrastructure is central to the company's mission and future economic foundation [6][10]. Market Reaction - Following the announcement, Nvidia's stock price rose over 4% intraday, closing near its all-time high [5]. Collaborative Ecosystem - This partnership complements existing collaborations with other companies like Microsoft, Oracle, and SoftBank, highlighting Nvidia's strategy to bolster AI chip demand through support for startups and other enterprises [7][8]. User Engagement - OpenAI currently has over 700 million weekly active users, indicating a strong demand for the computational power necessary to support its services [9][10]. Valuation and Growth - OpenAI's valuation has reached $500 billion, and the new infrastructure aims to sustain this growth while advancing towards artificial general intelligence (AGI) [10].