NVIDIA is still planning to make a 'huge' investment in OpenAI, CEO says

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The Castle

NVIDIA Plans to Make Significant Investment in OpenAI Amid Negotiation Reboot

NVIDIA CEO Jensen Huang has revealed that the company is set to invest a substantial amount of money in OpenAI's latest fundraising round, according to reports. The news comes after earlier this year, NVIDIA and OpenAI jointly announced an investment deal worth up to $100 billion to build 10 gigawatts of AI data centers. However, it appears that negotiations between the two companies have stalled, with some sources suggesting that the agreement had not progressed beyond its initial stages.

Speaking at a press conference in Taipei over the weekend, Huang reportedly stated that NVIDIA's investment in OpenAI could be "the largest we've ever made." He also expressed his confidence in the AI firm, praising their work as "incredible" and stating that they are one of the most consequential companies of our time.

However, when asked about the initial $100 billion deal, Huang was quoted as saying that the report's claims were "nonsense," and indicated that NVIDIA's investment would be significantly less than previously reported. It remains to be seen what this revised investment will look like, but it is clear that both parties are committed to their collaboration.

Sources close to the negotiations have long stated that the initial deal had not been binding, with Huang reportedly criticizing OpenAI's business approach as lacking discipline. The latest development suggests that despite some setbacks, NVIDIA and OpenAI remain committed to their partnership, and are looking to make a significant investment in the company's future.
 
just read this, so weird how things get all complicated between big corps 🤔📉 i feel like they're both trying to protect themselves but at the same time, innovation can come from these huge partnerships 💡 maybe it's good that nvidia is coming back into play and investing more in openai? could lead to some groundbreaking tech 🚀
 
so this is how it goes down - NVIDIA's all-in on AI, but what does that even mean? they're talking big bucks, but is it just hype or do they actually believe in OpenAI's tech? personally, i think its a bit suspicious that they're revving up their investment again after the initial deal fell through. Jensen Huang's being pretty tight-lipped about the details too, which makes me wonder if there's more to this story than we're being told 🤑
 
I don’t usually comment but I think this is kinda interesting... Like, what happened with that $100 billion deal? It seems like it was just a big talk or something 🤔. I mean, NVIDIA and OpenAI were hyped about it, but now it sounds like the actual numbers are way lower 😐. But at the same time, I guess it's still a big deal for both companies... Jensen Huang is pretty confident in OpenAI, which is cool, but also kinda weird 🤷‍♂️. I don’t know, maybe they’ll make something crazy happen with this new investment 💸?
 
omg just heard about this 🤯 so it looks like nvidia is still down with openai but apparently not as much as i thought 🤑 like Jensen Huang said it could be the largest investment they've ever made which is pretty massive 💸 and also he's super hyped on their work which is cool 😊 but what's weird is that he's basically saying the initial $100 billion deal was a joke 😂 either way i'm excited to see what actually happens with this new investment 🤑👀
 
omg I'm so stoked about this 🤩 - like, NVIDIA investing big time in OpenAI is gonna be lit 💥! I mean, we all know how AI is changing the game right now 📈 and having these two giants teaming up is just crazy talk 🔥. Jensen Huang saying it's gonna be "the largest investment we've ever made" is straight fire 🔥. But at the same time, I'm a bit skeptical cuz of that whole initial $100 billion deal fiasco 🤔 - like, what even happened there? 😂 Either way, I think NVIDIA and OpenAI are on the right track 🚀 and this new investment is gonna be super interesting to watch 👀.
 
🤔 "Believe you can and you're halfway there." - Theodore Roosevelt

Investing in AI is like playing a high-stakes game of chess – both sides know the risks but also the potential rewards. NVIDIA seems to be taking a calculated risk with OpenAI, putting their money behind a company that has immense growth potential. Will it pay off? Only time will tell! 💸
 
just great, another $100 billion down the drain 🤑... like we really needed more AI hype around here 😒. but hey, at least Jensen is confident in OpenAI's "incredible" work... or maybe he just doesn't want to admit how wrong they were on that $100 billion deal 💸. either way, can't wait to see what kind of "significant investment" we're really talking about this time 🤔. and btw, who needs clarity when you can have a whole lot of hot air 💨?
 
omg can you even imagine nvidia pouring more money into openai their ai tech is literally changing the world 🤖💻 i'm so hyped about this investment deal it's like the future of tech is being written right before our eyes 💸 i mean jensen huang is a genius and openai is pushing boundaries with their research so i trust that they're making the right call 💯
 
🤔 so like NVIDIA is trying to invest big time into OpenAI but it seems like negotiations have been kinda rocky 🌪️... idk why Huang would say that initial $100 billion deal was "nonsense" tho 🤑 does he really think OpenAI has some secret stash of cash or something? 💸 anyway, it's cool that they're still on board and trying to make it work 💕 maybe it'll be a good thing for the AI industry if they can get this partnership back on track 🚀
 
idk what's goin on here... nvidia invests billions in openai but it's all just talk now 🤑🤔 like they're tryin to hide somethin or nothin' 🙃 they said it'd be 100 billion but now that's probably just a load of BS 💸 and jensen huang is all "it's gonna be huge" but what if he's just tryin to spin it? 😒 we'll see how this one plays out...
 
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