Nvidia CEO Huang says $30 billion OpenAI investment ‘might be the last’
Patrick T. Fallon | Afp | Getty Images
Huang said the opportunity to invest $100 billion in OpenAI, which was the figure that the two companies touted as part of an infrastructure deal in September, is probably “not in the cards.”
“The reason for that is because they’re going to go public,” Huang said during the Morgan Stanley Technology, Media & Telecom Conference on Wednesday.
Nvidia’s $30 billion investment in OpenAI was unveiled as part of a $110 billion funding round that the startup announced on Friday. The round also included a $50 billion commitment from Amazon and a $30 billion commitment from SoftBank.
Huang also mentioned that Nvidia’s $10 billion investment in OpenAI rival Anthropic would likely be its last.
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