US EditionNvidia Pauses Plan to Invest $100 Billion in OpenAI, WSJ Reports
Nvidia's $100 billion OpenAI deal paused amid internal doubts; talks now focus on smaller equity stakes as AI competition intensifies, sources said.
- Nvidia's plan to invest up to $100 billion in OpenAI to help train and run its artificial intelligence models has stalled due to doubts expressed by some within the chip giant.
- The companies are rethinking their partnership, with discussions now involving an equity investment of tens of billions as part of OpenAI's current funding round.
- Nvidia CEO Jensen Huang has privately criticized OpenAI's business approach and expressed concerns about competition from Google and Anthropic.
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Is the Stalled Nvidia-OpenAI Megadeal AI's First Domino to Fall?
Quick Read Nvidia (NVDA) stalled its $100B OpenAI partnership amid doubts about transaction size and business discipline. Nvidia investments in partners that then buy Nvidia chips raise circular financing concerns. OpenAI maintains $1.4T in potential commitments across Microsoft, Amazon, Oracle and AMD partnerships. Are you ahead, or behind on retirement? SmartAsset's free tool can match you with a financial advisor in minutes to help you an…
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trend.skUS chipmaker Nvidia's plan to invest up to $100 billion (about two trillion crowns) in OpenAI, the company behind the ChatGPT models, appears to have stalled, The Wall Street Journal (WSJ) reported, citing informed sources. Some Nvidia employees have expressed doubts about the deal.
Nvidia’s Tentative Deal to Invest $100 Billion in OpenAI Stalls
Nvidia’s tentative deal to invest as much as $100 billion in OpenAI to help it build 10 gigawatts of data center capacity over a period of years has stalled, the Wall Street Journal reported. Instead, as The Information reported Wednesday, Nvidia is in talks to immediately invest up to $30 billion in OpenAI as part of an equity funding round that could be as big as $100 billion and include
Nvidia's $100 Billion OpenAI Investment Plan Reportedly Hits Snag Amid Internal Concerns - Amazon.com (NASDAQ:AMZN), Alphabet (NASDAQ:GOOG)
Nvidia's proposed $100 billion investment in OpenAI has reportedly stalled as CEO Jensen Huang raises concerns over the AI startup's spending discipline and intensifying competition, prompting both companies to reconsider a smaller, nonbinding equity deal even as OpenAI attracts heavy Big Tech interest and posts surging revenue.
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