Nvidia is Poised to Make "The Largest Investment We've Ever Made." Here's What It Means for Investors [Yahoo! Finance]
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Source: Yahoo! Finance
"We will invest a great deal of money," Huang told reporters at the event. "I believe in OpenAI. The work that they do is incredible. They're one of the most consequential companies of our time." While Huang didn't specify exactly how much the investment would be, he did say it would be "huge." Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now, when you join Stock Advisor. See the stocks » OpenAI is in talks to raise as much as $100 billion from a number of well-heeled investors, including Nvidia, Microsoft Amazon , and SoftBank . This funding round could value OpenAI at $750 billion, making it one of the world's most valuable private companies. Last September, Nvidia announced a "landmark strategic partnership," in which OpenAI would deploy at least 10 gigawatts of AI data centers using millions of the chipmakers next-generation Vera Rubin graphics processing units (GPUs) . At the time, Nvidia said it int
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