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Partnership / Reviewed release

NVIDIA–OpenAI strategic partnership letter of intent (2025)

A record of disclosed terms and participants. Each assertion is linked to its supporting evidence.

letter_of_intent_disclosedLatest disclosure · 19 Nov 2025

Financial terms

Amount not disclosed

Amounts describe different obligations and are not additive. A commitment is not cash drawn; a commercial contract is not a guarantee. Unstated terms remain unknown.

01

The parties

  • IssuerOpenAI (named party)
  • InvestorNVIDIA

Legal entities and vehicles are shown separately. A role does not establish the amount funded or the scope of recourse.

02

Terms, with the evidence

Separate observations, not an additive total. Disclosure dates, observation dates and effective periods retain their original meaning.

Economic status

contract.economic_status

letter_of_intent_disclosed

issuer context resolves we to NVIDIA CORP; third quarter of fiscal year 2026; opportunity to invest; nonbinding letter of intent; no amount disclosed; not a completed investment | Normalization: Source-supported named relationship. Reuse the exact existing or explicitly added record only where the quote supports that relationship; preserve status, amount basis, dates, and uncertainty without inferring completion, parentage, affiliates, or unrelated aggregate edges. | Source fact date unknown

Disclosed
19 Nov 2025
Observed as of
Not disclosed
Effective from
Not disclosed
Effective to
Not disclosed
SupportsNVIDIA CorporationNot disclosed
In the third quarter of fiscal year 2026, we entered into a letter of intent with an opportunity to invest in OpenAI.

edgartools-evidence-v2/bundle:141

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Edition
Reviewed release · sec-nvidia-msft-reviewed-20260908
Generated
2026-09-09T08:42:57.056Z
Dataset SHA-256
d4a82ffcabca4fa3b043890406ac837cc2024f9596a61de6d4e6cf14613191bb