Nvidia's CEO, Jensen Huang, announced a massive investment in OpenAI, dismissing rumors about internal doubts regarding the partnership.
Raluca Ioana Draghici
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Jensen Huang, CEO of Nvidia, confirmed on Saturday a 'colossal' investment in OpenAI, despite reports in the Wall Street Journal suggesting that the $100 billion project had been stalled. Huang stated that these funds are intended for building next-generation AI data centers, essential for the development of advanced technologies such as ChatGPT. He completely dismissed rumors of internal doubts, asserting that Nvidia will continue to invest in OpenAI, describing the company as one of the most important today. Huang emphasized that the investment will likely be the largest ever made by Nvidia, in the context where the company is a leader in providing chips for large language models. Although Nvidia's market value reached a peak of $5 trillion, it has recently dropped by $600 billion.
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