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Jensen Huang Says Nvidia's $30 Billion OpenAI Investment 'Might Be The Last' Before IPO [Yahoo! Finance]
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NVIDIA Corporation CEO Jensen Huang has indicated that the firm's latest $30 billion investment in OpenAI "might be the last time" before the AI startup goes public. At the Morgan Stanley Technology, Media & Telecom Conference in downtown San Francisco on Wednesday, Huang said he doesn't foresee the possibility of investing $100 billion in OpenAI, a figure previously proposed as part of a large-scale infrastructure deal in September. The reason behind this, he clarified, is OpenAI's impending IPO. He also noted that Nvidia's $10 billion investment in OpenAI competitor, Anthropic , would also probably be its last. NVIDIA had earlier disclosed its intention to invest in Anthropic alongside Microsoft Corporation in November, reported CNBC. Don't Miss: This Energy Storage Company Already Has $185M in Contracts—Shares Are Still Available This AI Helps Fortune 1000 Brands Avoid Costly Ad Mistakes — See Why Investors Are Paying Attention Marked Shift From Prior Deal NVIDIA's l
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