Nvidia is reportedly nearing a $30 billion investment in OpenAI, a significant shift from their previously agreed upon $100 billion long-term commitment. Sources indicate this deal, part of a new funding round for the artificial intelligence startup, could be finalized imminently.
This new capital infusion will see OpenAI reinvesting heavily in Nvidia's advanced hardware. However, the companies will not move forward with the extensive multi-year investment partnership announced last September.
The AI pioneer OpenAI is reportedly seeking up to $100 billion in its latest funding round, aiming for a valuation of approximately $830 billion.