Huang Renxun responds to Nvidia's investment in OpenAI.

On Monday local time, NVIDIA and OpenAI announced a partnership, including plans to build a massive data center and NVIDIA's investment in OpenAI of up to $10 billion, which is the largest commitment NVIDIA has made to date. In response to this positive news, NVIDIA's stock price surged nearly 4%, reaching a historic high and approaching a total market value of nearly $450 billion. "This is a massive project," said NVIDIA CEO Huang Renxun in an interview with OpenAI CEO Altman and President Brockman. The two companies stated that NVIDIA will gradually invest as each gigawatt data center comes online, with the first phase expected to be operational in the second half of 2026, based on NVIDIA's Vera Rubin platform. Details of the partnership will be finalized in the coming weeks. Altman said, "It all starts with computing power. Computing infrastructure will become the foundation of the future economy. We will use the infrastructure that we jointly build with NVIDIA to create new AI breakthroughs and empower individuals and businesses on a large scale." He also said, "You should have high expectations for us in the coming months." OpenAI must excel in three areas: conducting outstanding AI research, creating products people want to use, and solving unprecedented infrastructure challenges. Huang Renxun mentioned in the interview that 10 gigawatts is equivalent to 4-5 million graphics processors, about NVIDIA's total shipments this year, which is double the amount from last year. According to sources, NVIDIA's initial $10 billion investment will be made when the first gigawatt data center is completed, based on the valuation at that time. Huang Renxun also stated that this investment is "additional investment beyond all previously announced and signed agreements," exceeding NVIDIA's financial expectations on Wall Street. Prior to this investment, investors had valued OpenAI at $500 billion in a round of secondary market trading.