The $100 billion deal between Nvidia and OpenAI was struck under the pressure of a looming deadline during President Trump's trip to the United Kingdom.

The companies announced a blockbuster partnership and letter of intent on Monday.

Deal will involve two transactions – OpenAI will pay Nvidia for chips, and the chipmaker will invest in the AI start-up

Nvidia announced a landmark partnership with OpenAI that will see it invest up to $100 billion in OpenAI's new AI models, starting in the second half of 2026.

The $100 billion deal between Nvidia and OpenAI was struck under the pressure of a looming deadline during President Trump's trip to the United Kingdom.