Nvidia's $100 billion bet on OpenAI has sparked one big question: Where exactly will the electricity come from to power it all?

Nvidia announced Monday it plans to invest up to $100 billion in OpenAI as part of a deal to build out massive data centers for training and running AI models. The companies say they signed a letter of intent to deploy 10 gigawatts — enough to power millions of homes — worth of Nvidia systems to power OpenAI’s next generation of AI infrastructure.

The companies say the partnership will enable OpenAI to build and deploy at least 10 gigawatts of Nvidia systems for its artificial intelligence data centers to train and run its next generation of models.

O NE THING is clear about the announcement on September 22nd that Nvidia may invest up to $100bn in Open AI in order to help the maker of Chat GPT buy 4m-5m of Nvidia’s artificial-intelligence ( AI) chips. Silicon Valley is becoming more incestuous than ever.

Nvidia's rise on Monday spurred a bigger rally that boosted the S&P 500 to a new record. The chip titan will invest $100 bilion in ChatGPT maker OpenAI.

Huawei unveiled a three-year plan to rival Nvidia in AI chips, touting SuperPods that link thousands of Ascend processors with 62x faster data speeds.

OpenAI plans to build and deploy Nvidia systems that require 10 gigawatts of power, which is equivalent to 4 million and 5 million graphics processing units. Stocks including Taiwan Semiconductor Manufacturing Co.

NVIDIA, the AI boom's $4 trillion chipmaker, is now betting on quantum computing—despite doubts about how soon the technology will pay off.