US tech giant Nvidia announced it will invest up to $100 billion (£73 billion) in OpenAI, the company behind ChatGPT, to supply high-performance chips crucial for artificial intelligence (AI) processing power. This "strategic partnership" aims to advance AI infrastructure amid a global race in which China is an emerging rival.

• The investment will go towards data centers for OpenAI’s "next-generation AI infrastructure."
• Jensen Huang, chief executive of Nvidia, stated the funding marks the "next leap forward and power the next era of intelligence."
• Nvidia faces pressure from China, which reportedly ordered its top technology companies to halt purchases of its AI chips and has accused Nvidia of violating anti-monopoly laws.