Nvidia will supply chips for OpenAI, which also announced a Stargate partnership with Oracle and plans a data center in Ohio.

The entities involved

• Nvidia →

  American multinational technology company

  • Apple is utilizing TSMC for advanced chip manufacturing, a trend observed alongside market pricing pressures affecting sales volume.Mon 17:45
  • A market sell-off hit major chip companies (AMD, Intel, Micron, Samsung, Nvidia) as the AI trade cooled and investors entered risk-off mode.Mon 17:34
• OpenAI →

  American artificial intelligence research organization

  • Leaders call for international cooperation on AI risks, tech leaders call for oversight, and the CMA proposes stricter search engine choice requirements.Mon 17:41
  • Experts, including Dario Amodei at Cornell University, warned about the power and limits of AI, specifically citing risks of AI taking control of the internet.Mon 17:41
• Oracle →

  company in Madrid, Spain

  • Major tech companies, including SpaceX, Google, and Nvidia, are expanding into AI technology, benefiting from increased demand for AI infrastructure and memory supply.Mon 11:53
  • Oracle's AI spending plan relates to OpenAI's compute needs, which in turn benefits Nvidia as a chip supplier.Mon 11:00

Related events

• Nvidia is confirmed as the sole compute infrastructure supplier for OpenAI, and the companies filed investment documents with the SEC regarding the Ohio data center.Aug 17
• OpenAI plans to build a world-class AI factory in Ohio using Nvidia's full-stack DSX AI platform.Aug 17
• Nvidia invested in OpenAI to secure chip leasing capacity.Aug 31
• Nvidia is securing multiple financing packages from major firms like Blackstone, Goldman Sachs, and Brookfield for data center projects.Aug 10
• OpenAI is in talks to lease a data center campus on federal land in Ohio, with potential financial backing from Nvidia.Jun 10