Nvidia stock jumped as much as 4% on Monday as the chipmaker announced it will invest up to $100 billion in OpenAI as part of a new partnership. Nvidia said in its announcement th

On Monday, OpenAI and Nvidia jointly announced a letter of intent for a strategic partnership to deploy at least 10 gigawatts of Nvidia systems for OpenAI's AI infrastructure, with Nvidia planning to invest up to $100 billion as the systems roll out.

Data center operator and Bitcoin miner IREN Limited ($IREN) disclosed a massive purchase of graphics processing units (GPUs) from Nvidia ($NVDA)

Sep 22 - IREN Limited (NASDAQ:IREN) has taken another big step in its push into artificial intelligence infrastructure. On Monday, the data center operator and bitcoin miner said it will spend about $670 million to expand its GPU fleet with hardware from Nvidia (NASDAQ:NVDA) and Advanced Micro Devices (NASDAQ:AMD).

AMD launched the latest version of its ROCm AI software stack last week, putting it in a better position to compete with Nvidia for AI hardware customers. Although the performance of AI chips is a key selling point,

GAIB, the economic layer for AI and compute, today announced a $30 million partnership with Siam.AI, one of Thailand’s leading AI data center operators and the first sovereign NVIDIA Cloud Partner in Asia. The financing will enable Siam.AI to expand its GPU infrastructure to support its scaling operations, powering the next generation of AI.

Nvidia is preparing one of the largest investments in the history of artificial intelligence, pledging up to $100 billion in funding for OpenAI, the creator of ChatGPT. The deal comes hot on the heels of Nvidia pledging a $5 billion investment into Intel,

Intel secures a $5B investment and partnership with Nvidia, boosting its AI strategy and growth prospects. Click here to read my latest analysis on INTC stock.