Nvidia, OpenAI
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Nvidia shares are down after a report that its OpenAI investment stalled. Here's what's happening
Nvidia's Jensen Huang criticized OpenAI's business strategy as the chip giant plans to invest up to $100 billion into the AI startup, per reports.
The artificial intelligence story is turning more dramatic after a published report that ChatGPT maker OpenAI has concerns about the quality of Nvidia’s microchips, just after CEO Jensen Huang walked back his company’s plans to invest in the large language model creator.
Nvidia’s OpenAI pivot puts Oracle’s accounting in the spotlight.
Nvidia CEO pushes back hard on OpenAI rumors while the industry watches $100 billion investment negotiations unfold
Nvidia is nearing a multibillion-dollar investment in OpenAI, expected to be its largest to date. The move comes as both companies reaffirm their partnership after earlier tensions and OpenAI exploring other chip suppliers.
1don MSN
CNBC Daily Open: Nvidia denies rift with OpenAI, while software and asset management stocks plunge
Nvidia CEO Jensen Huang told CNBC's Jim Cramer on Tuesday that there's "no drama involved" between the company and OpenAI. "Everything's on track," he added.
Feb 3 (Reuters) - Nvidia will consider investing in OpenAI's next fundraising round and in the startup's eventual IPO, CEO Jensen Huang told CNBC in an interview on Tuesday. Huang told CNBC Nvidia's plans to invest in OpenAI remained on track following recent reports that the deal had been stalled.