Nvidia and OpenAI partnership is a catalyst for enterprise AI growth, says Wedbush’s Dan Ives

Core Insights - A significant investment in artificial intelligence has been announced, with Nvidia committing up to $100 billion to support OpenAI's next-generation AI infrastructure [2][3] - The partnership aims to deploy at least 10 gigawatts of Nvidia-powered systems, which will include millions of GPUs for developing advanced AI models, with the first phase expected to launch in the second half of 2026 [2][3] Company Developments - OpenAI and Nvidia will collaborate to optimize their development roadmaps for software and hardware platforms, enhancing their positions as leaders in the AI sector [3] - This partnership is expected to provide OpenAI with substantial funding at lower costs, thereby reducing its credit risk [3] Market Outlook - Analysts from Wedbush Securities suggest that the next three to six months will be characterized by the secondary effects of the AI Revolution, impacting various tech sectors [4] - The current market environment is compared to a "1996 moment" for the tech industry, indicating that it is still early in the AI Revolution despite concerns about potential bubbles and valuations [4] Usage Trends - Research from OpenAI's economic team indicates that approximately 30% of ChatGPT usage is work-related, while 70% is personal, with both categories experiencing growth [5]