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Nvidia shares are down after a report that its OpenAI investment stalled. Here's what's happening
Nvidia's Jensen Huang criticized OpenAI's business strategy as the chip giant plans to invest up to $100 billion into the AI startup, per reports.
The artificial intelligence story is turning more dramatic after a published report that ChatGPT maker OpenAI has concerns about the quality of Nvidia’s microchips, just after CEO Jensen Huang walked back his company’s plans to invest in the large language model creator.
As per the Wall Street Journal report, it's very likely Nvidia will still invest billions in OpenAI. And for now, no doubt OpenAI has little choice but to keep buying billions of dollars' worth of Nvidia GPUs. But if these stories have any truth in them, the honeymoon is probably over.
The chip giant’s CEO Jensen Huang didn’t say exactly how big the investment would be, but said it would be 'nothing like' the $100 billion figure mentioned in the September partnership agreement.
Jensen Huang said Nvidia still plans to invest in OpenAI but dialed back expectations around the size of the commitment.
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,
Nvidia stock wobbled after reports it may scale back a $100B OpenAI investment. CEO Jensen Huang says the partnership is still moving forward.
OpenAI is reportedly looking beyond Nvidia for artificial intelligence chips, signalling a potential shift in its hardware strategy. According to reports and sources familiar with the matter,
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Exclusive OpenAI is unsatisfied with some Nvidia chips and looking for alternatives, sources say
By Max A. Cherney, Krystal Hu and Deepa Seetharaman SAN FRANCISCO, Feb 2 (Reuters) - OpenAI is unsatisfied with some of Nvidia’s latest artificial intelligence chips, and it has sought alternatives since last year,
Dan Niles, Niles Investment Management founder, joins 'Power Lunch' to discuss the potential for the Nvidia-OpenAI deal to fall apart, what OpenAI should do and much more.
Nvidia’s reported pullback from a proposed $100 billion OpenAI investment tied to the Stargate AI infrastructure buildout signals a shift toward capital discipline in the