What is the latest investment figure between Nvidia and OpenAI?

Nvidia is reportedly close to finalizing a new investment in OpenAI valued at approximately $30 billion.

When could the Nvidia-OpenAI deal be finalized?

Sources suggest that the new agreement could be concluded as early as this weekend.

Home / Business and Economy / Nvidia's $30B OpenAI Deal Replaces $100B Pact

Nvidia's $30B OpenAI Deal Replaces $100B Pact

Q: Does this new Nvidia deal replace the previous $100 billion commitment?

Yes, the new $30 billion investment is set to replace the much larger, $100 billion multi-year investment partnership previously agreed upon.

20 Feb

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Summary

Nvidia nearing $30 billion OpenAI investment deal.
This new investment replaces a prior $100 billion commitment.
The agreement could be finalized this weekend.

Nvidia's $30B OpenAI Deal Replaces $100B Pact

Nvidia is reportedly close to finalizing a new investment deal with OpenAI, valued at approximately $30 billion. This substantial commitment is set to replace the much larger, $100 billion multi-year investment partnership that the artificial intelligence startup and the chip giant had agreed upon in September.

The updated agreement is anticipated to be integrated into OpenAI's latest funding round. Sources suggest that this deal could be concluded as early as this weekend. OpenAI intends to allocate a significant portion of its new funding towards acquiring Nvidia hardware.

This development comes as OpenAI aims to raise up to $100 billion in its current funding round, which would value the company at an estimated $830 billion. The specifics of the $30 billion Nvidia investment are still being finalized.

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