AICoin AI Infrastructure Mega-Deal: OpenAI and Nvidia Forge $100B Partnership
Sam Altman and Jensen Huang cemented a landmark $100 billion partnership between OpenAI and Nvidia during whirlwind negotiations before Altman's departure to Abilene, Texas. The deal solidifies Nvidia's position as the silicon backbone of OpenAI's next-generation AI data centers.
The CEOs bypassed traditional banking intermediaries, finalizing terms through VIRTUAL calls and clandestine meetings across London, Washington, and San Francisco. Huang revealed the agreement's 'monumental' scale during a CNBC interview, coinciding with Nvidia's market capitalization soaring $170 billion in a single trading session.
'Expect significant developments in coming months,' Altman declared at Nvidia's headquarters, outlining OpenAI's trifecta of priorities: groundbreaking research, consumer-friendly products, and scalable infrastructure solutions. The collaboration marks unprecedented consolidation of power in the AI sector, with OpenAI's valuation now reaching $500 billion.