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Here's your afternoon TNB Tech Minute for Monday, September 22nd. I'm Julie Chang for the Wall Street Journal.

NVIDIA has struck a deal with OpenAI. The chipmaker will invest up to $100 billion into OpenAI for a massive data center buildout.

It'll allow OpenAI to build and deploy at least 10 gigawatts of Nvidia systems for its

artificial intelligence data centers to train and run its next generation of models.

The first phase is targeted to come online in the second half of 2026.

The companies say they'll finalize the details of their new partnership in the coming weeks.

City Group says starting this month, it'll begin piloting new agentic capabilities

inside of the proprietary AI platform it's been developing over the last couple of years.

City's CTO says the firm's internal platform uses a range of models,

including Google's Gemini and Anthropics Claude.

With the new update,

users will be able to direct an AI tool to complete multiple tasks like researching clients and building profiles by accessing various company systems with a single prompt. The initial pilot

will span 5,000 users over 4 to 6 weeks.

And Indian Tech and IT stocks closed lower today, as new U.S. visa rules stoked concerns about rising costs.

The Nifty IT Index, a benchmark for India's tech sector, fell 2.9% after President Trump imposed

a $100,000 fee on new H-1B visas that'll make hiring foreign talent

more expensive. IT services provider emphasis was one of the biggest decliners, falling 4.6%.

LTI Maintree fell 4.5%. Larger companies such as Infocys and TCS fared better, falling two to three

percent. We'll have more on the impact of changes to H-1B visas on the tech sector in Tuesday's

Tech News Briefing podcast. As companies seek to close growing gaps in skills and talent,

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