CNBC Daily Open: When you're good to Nvidia, Nvidia's good to you

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Taken from CNBC’s Daily Open, our international markets newsletter — Subscribe today

Rarely in life do you get a win-win scenario, but Nvidia

seems to have conjured one in its partnership with OpenAI. The chipmaker — which lately has been on a spending spree equal in intensity to a tourist shopping for tax-free goods in Japan — announced Monday an investment of up to $100 billion in OpenAI.

Here’s the clever bit. OpenAI is planning to build systems with Nvidia’s artificial intelligence chips. Each one will require 10 gigawatts of power, which will comprise around 4 million to 5 million graphics processing units, Nvidia CEO Jensen Huang told CNBC. And Nvidia will make its first investment of $10 billion when OpenAI finishes building its first gigawatt of Nvidia systems.