Nvidia's Game-Changing $30 Billion Investment in OpenAI

Nvidia is nearing an investment of $30 billion into OpenAI, replacing their previous $100 billion commitment. This deal, part of a new funding round, could finalize soon. OpenAI plans to reinvest in Nvidia hardware, moving forward without the earlier announced multi-year investment partnership.

Nvidia is on the brink of a significant $30 billion investment into artificial intelligence start-up OpenAI, as reported by the Financial Times. This investment is poised to replace a long-standing $100 billion commitment between the two entities made last year.

The agreement, according to sources, is part of a fresh round of funding for OpenAI and could be finalized as early as this weekend. While Nvidia has declined to comment, it marks a pivotal change in the financial relationship between the two companies.

Previously announced, the $100 billion multi-year investment will not move forward. Instead, OpenAI plans to use newfound capital to bolster its capabilities by investing in Nvidia hardware, as detailed by the Financial Times.