Nvidia’s Jensen Huang Rules Out $100 Billion OpenAI Investment
Bloomberg.com
Nvidia CEO Jensen Huang stated that a potential $100 billion investment in OpenAI is unlikely due to the startup's expected public offering.Summary
Nvidia Corp. CEO Jensen Huang indicated that the chipmaker is unlikely to invest the previously mentioned maximum of $100 billion in OpenAI. Speaking at a Morgan Stanley conference, Huang explained that this massive investment is probably "not in the cards," primarily because OpenAI is planning to go public, potentially by the end of the year. Huang suggested that this upcoming IPO might represent the final opportunity for Nvidia to invest in the consequential startup.
(Source：Bloomberg.com)