Partnership / Reviewed release

NVIDIA / OpenAI proposed investment and partnership — unexecuted

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

proposed_unexecuted_investment_and_partnershipLatest disclosure · 25 Feb 2026

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.

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.

Terms, with the evidence

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Economic status

contract.economic_status

proposed_unexecuted_investment_and_partnership

subject NVIDIA CORP; counterparty OpenAI; finalizing a proposed investment and partnership agreement; unexecuted/not completed; no assurance the agreement will be entered into or that a transaction will be completed; amount not disclosed | Normalization: Explicitly capture the proposed/unexecuted 2026 NVIDIA/OpenAI investment-and-partnership relationship on its own record because the Wave 2 passage does not establish that it is the 2025 LOI or an amendment; no amount, completion, commitment, or effective date is inferred, and OpenAI uses the exact live-catalog named-party brand entity. | Source fact date unknown

Disclosed: 25 Feb 2026
Observed as of: Not disclosed
Effective from: Not disclosed
Effective to: Not disclosed

SupportsNVIDIA Corporation ↗Not disclosed

We are finalizing an investment and partnership agreement with OpenAI. There is no assurance that we will enter into an investment and partnership agreement with OpenAI or that a transaction will be completed.

edgartools-evidence-v2/bundle:70

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