Nvidia CEO Jensen Huang gestures as U.S. President Donald Trump (not pictured) delivers remarks through the “Winning the AI Race” Summit in Washington D.C., U.S., July 23, 2025.
Kent Nishimura | Reuters
Rarely in life do you get a win-win state of affairs, however Nvidia appears to have conjured one in its partnership with OpenAI. The chipmaker — which these days has been on a spending spree equal in depth to a vacationer purchasing for tax-free items in Japan — introduced Monday an funding of up to $100 billion in OpenAI.
Here’s the intelligent bit. OpenAI is planning to construct techniques with Nvidia’s synthetic intelligence chips. Each one would require 10 gigawatts of energy, which is able to comprise round 4 million to 5 million graphics processing items, Nvidia CEO Jensen Huang instructed CNBC. And Nvidia will make its first funding of $10 billion when OpenAI finishes constructing its first gigawatt of Nvidia techniques.
“Nvidia invests $100 billion in OpenAI, which then OpenAI turns back and gives it back to Nvidia,” Bryn Talkington, managing companion at Requisite Capital Management, instructed CNBC after the announcement. “I feel like this is going to be very virtuous for Jensen.”
To borrow the lyrics from hit musical Chicago: When you’re good to Nvidia, Nvidia’s good to you.
In different tech information, Apple’s newly launched iPhones seems to be extra in demand than its predecessor, in accordance to analysts. That gave its inventory a pleasant 4.3% bump Monday, which is lastly in the green for the year — the final of the “Magnificent Seven” to achieve this. With Apple’s price increase for its iPhone 17 Pro, nonetheless, my checking account could be the one turning crimson.
— Kif Leswing and Ashley Capoot contributed to this report
What you want to know at present
And lastly…
A robotic machine manufactures a semiconductor chip at a stall to present traders throughout The Advantage Assam 2.0 Investment Summit in Guwahati, India, on Feb. 25, 2025.
Nurphoto | Nurphoto | Getty Images
India is betting $18 billion to build a chip powerhouse. Here’s what it means
India is among the world’s largest customers of electronics, but it surely has no native chip business and performs a minimal function within the world provide chain. New Delhi’s “Semiconductor Mission” goals to change that.
The ambition is daring. It desires to create a full provide chain — from design to fabrication, testing and packaging — on Indian soil. Yet progress thus far has been uneven, and neither the investments nor expertise pool is sufficient to make India’s chip ambitions a actuality, say specialists.
— Priyanka Salve