Reported about 7 hours ago
Nvidia's unprecedented investment of up to $100 billion in OpenAI, combined with plans to supply AI chips, has raised significant questions in the tech industry. While Nvidia is set to take a financial stake in OpenAI without gaining voting power, concerns surround the funding sources for the remaining capital needed, OpenAI's shift towards a for-profit structure, its valuation implications, competition among AI firms, and the potential impact on Oracle's contracts with OpenAI. The future of this partnership hinges on a definitive agreement between both companies.
Source: YAHOO