US EditionThe $100 Billion Megadeal Between OpenAI and Nvidia Is on Ice
Nvidia's planned $100 billion investment in OpenAI faces internal doubts and competitive pressures, shifting focus to a smaller equity stake amid ongoing funding talks.
- On Friday, the Wall Street Journal reported Nvidia's planned $100 billion investment in OpenAI to train AI models has stalled after internal doubts emerged.
- Nvidia insiders raised concerns and Jensen Huang, Nvidia CEO, said in recent months the $100 billion agreement with OpenAI was non-binding and criticized its business discipline.
- Amazon is in talks to invest potentially as much as $50 billion in OpenAI, which is seeking up to $100 billion in funding, valuing the company at about $830 billion, Reuters reported on Thursday.
- An Nvidia spokesperson said the company looks forward to continuing to work together, while OpenAI did not immediately respond to Reuters' request for comment.
- Amid mounting competition, Jensen Huang expressed concern about pressure from Alphabet's Google and Anthropic as Big Tech companies and investors like SoftBank Group Corp race to partner with OpenAI.
7 Articles
7 Articles
Negotiating a $100 billion investment by Nvidia in OpenAI is on ice according to the Wall Street Journal. A spokesperson did not confirm the report.
UPDATE 2-Nvidia's plan to invest up to $100 billion in OpenAI has stalled, WSJ reports
UPDATE 2-Nvidia's plan to invest up to $100 billion in OpenAI has stalled, WSJ reports Nvidia's plan to invest up to $100 billion in OpenAI to help it train and run its latest artificial-intelligence models has stalled after some inside the chip giant expressed doubts about the deal, the Wall Street Journal reported on Friday.The chipmaker in September announced plans to invest up to $100 billion in OpenAI in a deal that would have given the C…
Nvidia’s plan to invest up to $100 billion in OpenAI has stalled, WSJ reports
Jan 30 (Reuters) – Nvidia’s plan to invest up to $100 billion in OpenAI to help it train and run its latest artificial-intelligence models has stalled after some inside the chip giant expressed doubts about the deal, the Wall Street Journal reported on Friday. The chipmaker in September announced plans to invest up to $100 billion in OpenAI in a deal that would have given the ChatGPT maker the cash and access it needs to buy advanced chips that…
Coverage Details
Bias Distribution
- 80% of the sources are Center
Factuality
To view factuality data please Upgrade to Premium
