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Nvidia CEO Downplays OpenAI Investment Concerns
2 Feb
Summary
- Nvidia CEO Jensen Huang expects a significant investment in OpenAI.
- Reports suggest a potential threat to the partnership's finalization.
- Nvidia's hardware is crucial for OpenAI's AI development and data centers.
Nvidia is reportedly preparing for its largest investment ever in OpenAI, according to CEO Jensen Huang. While not confirming specific figures, Huang stated the investment would be substantial, assuring reporters it was a "good investment" and that Nvidia "will definitely participate in the next round of financing."
This statement comes amidst reports suggesting the partnership might be "on ice." The Wall Street Journal indicated that Huang had privately expressed concerns about OpenAI's business discipline and its competition from rivals like Google and Anthropic.
However, Huang publicly called these reports "nonsense" and denied any unhappiness with OpenAI. Despite his assurances, some Nvidia executives, including CFO Colette Kress, have previously stated that a definitive agreement with OpenAI had not yet been completed.
