Nvidia's Potential $100B Investment in OpenAI

Nvidias potential $100 billion investment in OpenAI, creators of ChatGPT, remains uncertain. Nvidias CFO, Colette Kress, clarified this at a tech conference. This news comes as interest in their collaboration grows. The original plan involved Nvidia providing 10 gigawatts of systems to OpenAI, enough power for 8 million homes. OpenAI, a significant Nvidia chip customer, could boost Nvidias sales. Nvidias CEO, Jensen Huang, mentioned $500 billion in chip bookings through 2026, excluding potential OpenAI chips. Nvidia also plans to invest up to $10 billion in Anthropic, another AI competitor, further solidifying its AI hardware market position.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.