Nvidia CEO Confirms 'Huge' Investment in OpenAI Despite Previous Deal Stalling Reports
Summary
Nvidia CEO Jensen Huang confirms the chipmaker will make its largest investment ever in OpenAI despite reports claiming their $100 billion deal had stalled, as the AI company seeks funding at an $830 billion valuation.
Key Points
- Nvidia CEO Jensen Huang denies being unhappy with OpenAI and confirms plans for a 'huge' investment, calling previous reports 'nonsense'
- Huang states Nvidia will make probably its largest investment ever in OpenAI, though clarifies it won't be over $100 billion as OpenAI seeks funding at an $830 billion valuation
- The chipmaker's investment commitment comes after reports suggested the original $100 billion deal had stalled due to internal doubts within Nvidia