Reported about 12 hours ago
Nvidia's stock rose by up to 4% after the company announced a landmark partnership with OpenAI, involving a $100 billion investment to provide 10 gigawatts of computing power for future AI models. This ambitious collaboration marks a significant expansion in Nvidia's AI investments, as they also recently acquired a stake in Intel and entered various partnerships to enhance AI infrastructure. While this investment raises questions about OpenAI's financial commitments, it solidifies Nvidia's position as a leader in AI technology.
Source: YAHOO