The collaboration, called "OpenAI for Germany," will combine SAP’s enterprise applications expertise with OpenAI’s AI technology to serve German government institutions. The service will be supported by SAP’s subsidiary Delos Cloud, running on Microsoft Azure technology, with a planned launch in 2026.

Nvidia shares lost ground in early trading Tuesday after logging their largest one-day percentage gain since July on news the AI Favorite plans to invest up to $100 billion in OpenAI. Monitor these key chart levels.

Nvidia plans to invest $100 billion in OpenAI, generating $300-$500 billion in long-term revenue. Partnering with OpenAI secures Nvidia's position in the AI market and could lead to a 3-5x return on investment.

A new round of partnerships is reinforcing Nvidia's central role in AI, but its current valuation means investors need to remain disciplined.

OpenAI plans to build and deploy Nvidia systems that require 10 gigawatts of power, which is equivalent to 4 million and 5 million graphics processing units. Stocks including Taiwan Semiconductor Manufacturing Co.

Nvidia's $100 billion bet on OpenAI has sparked one big question: Where exactly will the electricity come from to power it all?

Nvidia and AI research organization and ChatGPT developer OpenAI have created a new strategic partnership that could be a win-win for both companies. That helped Nvidia's stock surge as much as 5.3%. As of 2:10 p.m. ET, shares were 3.4% higher than Friday's closing price.

Nvidia's tentative deal to invest up to $100 billion in ChatGPT maker OpenAI isn't a form of vendor financing but does shore up the chipmaker's path to $1 trillion in data-center revenue by 2030, an analyst says.

The Dow Jones index rose on the stock market today. Apple and Tesla got price target hike pops. Nvidia jumped on a big OpenAI investment.