NVIDIA CEO Jensen Huang has hinted at a massive investment in OpenAI as part of its latest funding round. Contrary to earlier reports that had suggested the deal was non-binding and stalled, Huang described it as "one of the largest investments we've ever made." This is in contrast to what The Wall Street Journal claimed earlier this week, stating that NVIDIA's original $100 billion agreement with OpenAI had only progressed to a preliminary stage.
When asked about the status of their partnership, Huang reportedly said he has always been confident in OpenAI's potential. He praised the company's groundbreaking work and deemed it one of the most significant companies of our time. However, according to sources familiar with the discussions, NVIDIA's investment will be significantly less than initially planned. It remains unclear how much money NVIDIA is prepared to invest at this point.
NVIDIA and OpenAI had previously agreed on a massive $100 billion deal in September, aimed at building 10 gigawatts of AI data centers by the end of 2026. However, it appears that their partnership has yet to gain significant traction, with talks still in its early stages. The exact terms of NVIDIA's investment were not disclosed, but it is clear that the company is committed to supporting OpenAI's ambitious plans.
When asked about the status of their partnership, Huang reportedly said he has always been confident in OpenAI's potential. He praised the company's groundbreaking work and deemed it one of the most significant companies of our time. However, according to sources familiar with the discussions, NVIDIA's investment will be significantly less than initially planned. It remains unclear how much money NVIDIA is prepared to invest at this point.
NVIDIA and OpenAI had previously agreed on a massive $100 billion deal in September, aimed at building 10 gigawatts of AI data centers by the end of 2026. However, it appears that their partnership has yet to gain significant traction, with talks still in its early stages. The exact terms of NVIDIA's investment were not disclosed, but it is clear that the company is committed to supporting OpenAI's ambitious plans.