Nvidia CEO pushes back against report that his company's $100B OpenAI investment has stalled [TechCrunch]
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Source: TechCrunch
Huang's comments came after The Wall Street Journal published a story late Friday claiming that Nvidia was looking to scale back its investment in OpenAI. The two companies announced a plan in September in which Nvidia would invest up to $100 billion in OpenAI and also build 10 gigawatts of computing infrastructure for the AI company. However, the WSJ said Huang has begun emphasizing that the deal is nonbinding, and that he's also privately criticized OpenAI's business strategy and expressed concerns about competitors like Anthropic and Google. The WSJ also reported that the two companies are rethinking their relationship — though that doesn't mean cutting things off entirely, with recent discussions reportedly focusing on an equity investment of a mere tens of billions of dollars from Nvidia. An OpenAI spokesperson told the WSJ that the companies are “actively working through the details of our partnership,” adding that Nvidia “has underpinned our breakthroughs from the start,
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