Nvidia's move to invest up to $100 billion into OpenAI at the same time it plans to supply millions of its market-leading artificial intelligence chips to the ChatGPT creator has little precedent in the tech industry.

Nvidia just announced plans to invest up to $100 billion in OpenAI to help build AI data centers. The deal between the two companies will create 10 gigawatts of AI data centers using Nvidia's chips (which OpenAI needs for the computer to power its 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,

The two tech titans announced a deal on Monday that will see OpenAI build out "at least 10 gigawatts" of AI data centers running Nvidia systems.

OpenAI will pay Nvidia in cash for chips, and Nvidia will invest in OpenAI for non-controlling shares, according to a source.

NVIDIA and OpenAI are forming a strategic partnership that will see the chipmaker invest up to $100 billion into the AI giant.

OpenAI CEO Sam Altman said the investment represents a bet that the current capacities of its AI products — and the financial returns to them — can be significantly improved.

Nvidia will invest up to $100 billion in OpenAI and supply it with data center chips, the companies said on Monday, marking a tie-up between two of the highest-profile players in the global artificial intelligence race.