NVIDIA CEO Jensen Huang has confirmed that his company will be making a significant investment in AI startup OpenAI, with estimates suggesting the deal could be one of the largest investments the tech giant has ever made. According to reports, the terms of the agreement were previously agreed upon at $100 billion, but those plans appear to have stalled and are no longer being pursued.
Huang reportedly stated that while NVIDIA will indeed invest a substantial amount of money in OpenAI's latest funding round, it is not anywhere near the original figure of $100 billion. The actual investment amount has yet to be disclosed, but sources close to the matter have indicated that it could be significant nonetheless.
This development comes as both companies were initially set to collaborate on building 10 gigawatts of AI data centers, with a target completion date in the second half of 2026. However, it appears that discussions between NVIDIA and OpenAI regarding the project's progress have become increasingly strained, with Huang reportedly criticizing OpenAI's business approach as lacking discipline.
When questioned about the reports claiming that NVIDIA had cancelled plans to invest $100 billion in OpenAI, CEO Jensen Huang disputed these claims, stating instead that he "believes in OpenAI" and praised their work. Nonetheless, it remains unclear what the actual investment amount will be or when it might be finalized.
Huang reportedly stated that while NVIDIA will indeed invest a substantial amount of money in OpenAI's latest funding round, it is not anywhere near the original figure of $100 billion. The actual investment amount has yet to be disclosed, but sources close to the matter have indicated that it could be significant nonetheless.
This development comes as both companies were initially set to collaborate on building 10 gigawatts of AI data centers, with a target completion date in the second half of 2026. However, it appears that discussions between NVIDIA and OpenAI regarding the project's progress have become increasingly strained, with Huang reportedly criticizing OpenAI's business approach as lacking discipline.
When questioned about the reports claiming that NVIDIA had cancelled plans to invest $100 billion in OpenAI, CEO Jensen Huang disputed these claims, stating instead that he "believes in OpenAI" and praised their work. Nonetheless, it remains unclear what the actual investment amount will be or when it might be finalized.
idk if NVIDIA's beef with OpenAI was worth it though Jensen Huang said he believes in them and all that jazz but I need to see the numbers ASAP 
! 
but $100 billion seems kinda excessive even for a giant like NVIDIA 
. can't say I blame Jensen Huang for being cautious, though - they need to make sure their investment pays off 
! hoping it all comes together smoothly and doesn't stall like it did before 
#AIinvestments #NVIDIA #OpenAI
i mean, one minute they're planning to invest a gazillion dollars, the next they're like "nah, we'll just do something way smaller" 
anyway, i think what's really interesting here is that despite all the drama, jensen huang is still down with openai and thinks they're onto something. it's not entirely clear why nvidia would keep investing in an outfit that apparently isn't playing by the same rules as everyone else - maybe they just genuinely believe openai has a shot at changing the game? 
. I know OpenAI's got some impressive tech under their belt, but you can't just invest a gazillion dollars without having a solid plan in place 
.
. It's just that I need more info before I start jumping on the bandwagon 
. What do we know about this new deal, really? 
️. With all this power being concentrated in the hands of a few giant corporations, you gotta wonder if we're doing enough to protect consumers' interests and ensure that these massive investments aren't just lining the pockets of the wealthy elite.
I was just talking to my mate about how back in the day we thought AI would be like a RoboCop robot from the 80s 
but now it's all about big corporations investing millions in startups. NVIDIA and OpenAI are basically trying to build their own version of a Skynet 
. But hey, who knows? Maybe this $100 billion investment (or whatever it ends up being) will be a game-changer and lead to some amazing breakthroughs 
Now AI is like, my child's favorite thing to play with at home 
. The pace of innovation is crazy!
. Guess we'll just have to keep an eye on things and see what happens next 
, and now they're just trying to figure out what's going on 
. Can't say I blame 'em, though - AI deals can get pretty complicated 
i also feel bad for nvidia bc it seems like there was a lot of drama going on between them and openai 
anyway, i just wanna say that jensen huang is the best CEO ever 
and i'll be supporting nvidia till the end of time 
! And if they can make it work, it could be a game-changer for the industry.
.
. I guess you never really know what's going on behind closed doors, but it's always good to keep an eye on these kinds of things 
. I'm a bit surprised, given the significant potential for synergy between their technologies - NVIDIA's expertise in high-performance computing and OpenAI's innovative approach to AI could lead to some groundbreaking advancements 
. But on the other hand, it seems like a lot of money is being thrown around without any clear plan or return on investment 
It's no wonder discussions got strained between NVIDIA and OpenAI about their project. I feel bad for Jensen Huang, though - he genuinely believes in OpenAI's work and thinks it has potential 
. Will NVIDIA's investment in OpenAI lead to something revolutionary? Only time will tell 
!
Anyway, I'm sure Jensen was being totally honest when he said he "believes in OpenAI"... and by believes, I mean his company is basically throwing money at them to get out of a meeting 
. Guess we'll just have to wait and see how much "substantial" investment they actually make...