Nvidia’s $100 bn ‘U-Turn’: OpenAI deal not confirmed yet; sends reminder to investors
Nvidia clarified to investors that its $100 billion investment in OpenAI is not a finalized contract, despite a prior announcement. The chipmaker emphasized that definitive agreements are not assured, highlighting the difference between an announcement and a signed deal. This comes as OpenAI plans significant infrastructure spending and Nvidia seeks to deploy its GPUs.
Nvidia clarified to investors that its $100 billion investment in OpenAI is not a finalized contract, despite a prior announcement. The chipmaker emphasized that definitive agreements are not assured, highlighting the difference between an announcement and a signed deal. This comes as OpenAI plans significant infrastructure spending and Nvidia seeks to deploy its GPUs.
