They also show us the chips, and the data centers.

It is quite a large amount of money, and chips, and some very large data centers.

Nvidia Invests Up To $100 Billion In OpenAI

Nvidia to invest ‘as much as’ $100 billion (in cash) into OpenAI to support new data centers, with $10 billion in the first stage, on the heels of investing $5 billion into Intel.

Ian King and Shirin Ghaffary (Bloomberg): According to Huang, the project will encompass as many as 5 million of Nvidia's chips, a number that's equal to what the company will ship in total this year.

OpenAI: NVIDIA and OpenAI today announced a letter of intent for a landmark strategic partnership to deploy at least 10 gigawatts of NVIDIA systems for OpenAI's next-generation AI infrastructure to train and run its next generation of models on the path to [...]

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Outline:

(00:31) Nvidia Invests Up To $100 Billion In OpenAI

(02:10) OpenAI's Stargate Program Announces New Sites And Big Spending

(03:26) Very Large Training Runs Are Coming

(08:43) Nvidia Does Not Have Too Much Money

(10:47) Nvidia And The Circular Balance Sheet Trick

(14:22) Partnership Potentially Preempts Policy Preferences

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First published:
September 24th, 2025

Source:
https://www.lesswrong.com/posts/DaWetmmcYGotaxAEJ/openai-shows-us-the-money

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Narrated by TYPE III AUDIO.

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Images from the article:

Illustration showing $100B NVIDIA deal and $400B Oracle spend with celebratory business vault theme.

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“OpenAI Shows Us The Money” by Zvi

LessWrong (30+ Karma)

“OpenAI Shows Us The Money” by Zvi