All 4 deals between Nvidia and OpenAI: $30B in total since Sep 22, 2025, with dates, status and sources. Updated Nov 9, 2026.
Alongside the investment, OpenAI commits to 3 GW of dedicated inference capacity and 2 GW of training on Vera Rubin systems.
$30 billion equity investment in the $110 billion round, replacing the $100 billion letter of intent of September 2025.
Hardware part of the letter of intent: at least 10 GW of Nvidia systems (Vera Rubin platform, first GW in 2H 2026). Scaled back in February 2026 to commitments of 3 GW + 2 GW.
Letter of intent: Nvidia would have invested up to $100 billion as OpenAI deployed 10 GW of Nvidia systems. Never formalized; in February 2026 replaced by a $30 billion equity investment.