Nvidia is set to get a big boost from OpenAI. Here’s how much.
If Nvidia’s numbers are correct, then OpenAI is planning hundreds of billions worth of spending.
Nvidia’s recent earnings report was full of big numbers but one of the most eye-opening was that future gigawatt-scale data centers will cost around $50 billion to build. OpenAI looks ready to take on that huge spending, planning one such facility in India alongside multiple sites in the U.S. and elsewhere, according to a Bloomberg report.
Nvidia CEO Jensen Huang told analysts that a single gigawatt data center would require around $35 billion in spending on his company’s hardware—plus $15 billion on additional components—and he expected future “AI super-factories" would require multiple gigawatts of power.
Unlock Premium Insights from Barron's
Take your experience further with Mint Premium- access insights and analysis on global markets
Subscribe nowPremium benefits
- 200+ Premium Articles Weekly
- WSJ, The Economist Access at < INR 340/month
- Build Smart Finance Plans with Experts
- Top Stock Recommendations Everyday
- Expert-Backed Investment Growth
- Access Mint Lounge, Newsletters & Insights