Bloomberg reported that Nvidia is close to completing a deal to invest about $20 billion in OpenAI, as part of the company’s latest financing round. This is the chipmaker’s largest investment to date.
Bloomberg quoted informed sources, who requested that their names not be mentioned, that Nvidia’s contribution is on its way to completion, noting that the deal has not yet been fully decided, and that its terms are subject to change.
According to Bloomberg reports, “Open AI” seeks to raise approximately $100 billion in the new financing round, with the bulk of this amount coming from giant technology companies.
Reports indicated that Amazon has discussed the possibility of investing up to $50 billion, while SoftBank Group has held talks to invest about $30 billion.
“NVIDIA” and “Open AI” are considered two of the most important companies contributing to the prosperity of artificial intelligence, but their relationship has been subject to intense oversight recently, due to reports of disagreements between the two companies.
The Wall Street Journal reported last Friday that a plan announced by Nvidia last September to invest up to $100 billion in Open AI in general may face difficulties after some officials within the chip company showed doubts about the deal. However, the CEOs of the two companies publicly confirmed their commitment to continuing cooperation.
“We will definitely participate in the next financing round because it is a very good investment,” Nvidia CEO Jensen Huang told reporters during his visit to Taipei last Saturday, adding that this deal may be “the largest investment we have ever made.” (seventh day)
