Nvidia: OpenAI Funding Was Not a Binding Promise
TL;DR Summary
Nvidia CEO Jensen Huang said the proposed $100 billion investment in OpenAI was never a binding commitment and would be evaluated round by round, reflecting concerns about OpenAI’s business discipline and the competitive AI landscape, while investors worry such partnerships could spur artificial inflation in AI-chip demand.
- Nvidia's CEO says $100B pledge for OpenAI was 'never a commitment' - report Seeking Alpha
- Nvidia shares are down after a report that its OpenAI investment stalled. Here's what's happening CNBC
- Nvidia and Oracle are sending similar warning signs about the AI trade MarketWatch
- Pledge to Invest $100 Billion in OpenAI Was ‘Never a Commitment,’ Says Nvidia's Huang Yahoo Finance
- Exclusive | The $100 Billion Megadeal Between OpenAI and Nvidia Is on Ice The Wall Street Journal
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