Nvidia is nearing a US$30 billion investment in OpenAI, significantly impacting the artificial intelligence landscape. This investment is part of OpenAI’s ambitious capital raise, which aims to exceed US$100 billion and would value the ChatGPT maker at approximately $830 billion, ranking it among the largest private fundraising efforts in history. As Nvidia secures a stake in one of its primary customers, the collaboration highlights the growing interconnections between tech giants in advanced AI development. Participation from SoftBank Group and Amazon has also been reported. Initially, Nvidia had considered a $10 billion investment linked to OpenAI’s chip purchases, but the process experienced delays. The new capital is anticipated to be crucial for OpenAI’s acquisition of Nvidia’s chips, essential for training and deploying cutting-edge AI models. This dynamic exemplifies the strategic partnerships reshaping the tech industry amid the AI revolution.
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