Nvidia's Huang: demand went "from very high to higher than that" [Yahoo! Finance]
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Source: Yahoo! Finance
very high" demand for the company's products, and shared his vision that compute will equal revenue for every firm in the world in the near future. Speaking at the Morgan Stanley Technology, Media and Telecom conference, Huang said that Nvidia has completed a $30 billion investment in OpenAI, which he described as potentially the last chance to invest in a company of this significance. He added that the previously touted $100 billion deal was not possible, as the artificial intelligence company is gearing up for an IPO later this year. The chipmaker's $10 billion investment in Anthropic, another AI giant, will likely be "the last one" in the company, Huang added. Speaking more broadly about the company's direction, Huang said that Nvidia has been expanding OpenAI's capacity across multiple cloud platforms, including Microsoft Azure, Oracle Cloud Infrastructure, and Amazon Web Services. It is also ramping up AWS operations rapidly and expanding Anthropic's capacity on AWS and Azu
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