Nvidia Signals Major OpenAI Bet as AI Funding Talks Intensify
TL;DR Summary
Nvidia CEO Jensen Huang hinted at a huge, potentially record investment in OpenAI as the company pursues a funding round that could value OpenAI around $750 billion and attract up to $100 billion from investors, including Nvidia. Nvidia had previously pledged up to $100 billion for OpenAI’s 10 GW of data centers. The comments come amid questions about circular AI deals and OpenAI’s IPO plans, but Huang denied reports of a failed deal and the exact size of Nvidia’s investment remains undisclosed.
- Nvidia is Poised to Make "The Largest Investment We've Ever Made." Here's What It Means for Investors The Motley Fool
- Nvidia shares are down after a report that its OpenAI investment stalled. Here's what's happening CNBC
- Nvidia and OpenAI Play Down Reports of Rift. Why They Need Each Other. Barron's
- What Oracle Has to Lose From OpenAI and Nvidia’s Rocky Relationship The Wall Street Journal
- Exclusive: OpenAI is unsatisfied with some Nvidia chips and looking for alternatives, sources say Reuters
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