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Sources: Nvidia is close to finalizing an up to $30B investment into OpenAI, replacing 2025's long-term $100B commitment; the deal could be closed this weekend

Chipmaker swaps last year's complex framework with AI start-up in favour of equity cheque  —  Nvidia is close to finalising …

Financial Times

Discussion

  • r/NVDA_Stock r on reddit
    Nvidia and OpenAI abandon unfinished $100bn deal in favour of $30bn investment
  • @patrickgaley Patrick Galey on bluesky
    “OpenAI will reinvest much of its new capital into Nvidia hardware”  —  Gen AI is a Ponzi scheme.  —  www.ft.com/content/dea2...
  • r/BetterOffline r on reddit
    Nvidia and OpenAI abandon unfinished $100bn deal in favour of $30bn investment