Nvidia will not be able to invest $100 billion in OpenAI due to IPO, CEO Jensen Huang says
The Hindu
Nvidia CEO Jensen Huang said that the opportunity to invest $100 billion in OpenAI is probably not in the cards
Nvidia CEO Jensen Huang said that the opportunity to invest $100 billion in OpenAI is probably not in the cards as the ChatGPT creator is set to go public later this year.
Nvidia has finalised a $30 billion investment in OpenAI, which might be the last time it has the opportunity to “invest in a consequential company like this,” Huang said at the Morgan Stanley Technology, Media and Telecom conference on Wednesday.
The AI giant’s $10 billion investment in Anthropic probably will be the last as well, Huang added.
OpenAI and Anthropic did not immediately respond to Reuters requests for comment.
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