OpenAI and Nvidia have formed a strategic partnership to construct extensive data centers for artificial intelligence (AI) computing, addressing the rising demand from OpenAI’s ChatGPT, which boasts over 700 million weekly active users. Nvidia will invest $100 billion in OpenAI, enabling the creation of over 10 gigawatts of AI data center capacity using Nvidia’s GPUs. This collaboration could significantly enhance Nvidia’s revenue, potentially pushing its market cap towards the ambitious $10 trillion mark by 2030. Currently, Nvidia leads in market cap at $4.6 trillion and generated $165 billion in revenue over the past year. As OpenAI’s infrastructure spending sets a high standard, other competitors may follow suit, increasing demand for Nvidia’s chips and further bolstering its financial outlook. While the partnership presents substantial growth potential, it’s essential for investors to approach with caution, as immediate returns are not guaranteed.
Source link
