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NVIDIA CEO Jensen Huang: $30 billion investment in OpenAI "may be the last time"
NVIDIA CEO Jensen Huang stated on Wednesday at the Morgan Stanley Technology, Media & Telecom Conference that with OpenAI preparing for its IPO, the company’s recent $30 billion investment in this AI startup “may be the last one.” Similarly, NVIDIA’s $10 billion investment in OpenAI competitor Anthropic is also the same. NVIDIA’s investment is part of the $110 billion funding round announced by the startup last Friday. This round of funding also includes a $50 billion commitment from Amazon and a $30 billion commitment from SoftBank. OpenAI stated that as part of the agreement, the company has gained 3 billion watts of dedicated inference computing power and 2 billion watts of training computing power on NVIDIA’s Vera Rubin system for AI data centers. (First Financial)