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Nvidia to invest $100bn in OpenAI, bringing the two AI firms together

Deal will involve two transactions – OpenAI will pay Nvidia for chips, and the chipmaker will invest in the AI start-up

Nvidia, the chipmaking company, will invest up to $100bn in OpenAI and provide it with data center chips, the companies said on Monday, a tie-up between two of the highest-profile leaders in the global artificial intelligence race.

The deal, which will see Nvidia start delivering chips as soon as late 2026, will involve two separate but intertwined transactions, according to a person close to OpenAI. The startup will pay Nvidia in cash for chips, and Nvidia will invest in OpenAI for non-controlling shares, the person said.

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from The Guardian https://ift.tt/QrwhPn2
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