Nvidia's plan to invest up to $100 billion in OpenAI has stalled, WSJ reports - Reuters

Nvidia's plan to invest up to $100 billion in OpenAI has reportedly stalled, according to a report from The Wall Street Journal. Despite earlier discussions about this substantial investment, Nvidia's CEO Jensen Huang clarified that while the company intends to make a significant investment in OpenAI, the amount would not reach the previously mentioned figure. Huang emphasized Nvidia's commitment to OpenAI during a press briefing in Taipei, indicating that the investment could potentially be Nvidia's largest to date. However, the deal remains in the early negotiation stages and has not advanced significantly. In addition to Nvidia, Amazon is reportedly in negotiations to invest up to $50 billion in OpenAI, with discussions expected to conclude in the coming weeks. This potential investment is part of a broader funding round involving major tech companies, including Microsoft, which could collectively exceed $100 billion. The interest from these tech giants highlights the competitive landscape in the AI sector, where companies are seeking to secure stakes in artificial intelligence advancements. The ongoing negotiations reflect a significant trend in the tech industry, where major players are increasingly investing in AI technologies to maintain competitive advantages. The scale of the proposed funding underscores the critical role AI is expected to play in future technological innovations and economic growth. As AI continues to evolve, the outcomes of these funding efforts will likely shape the landscape of technology and its integration into various industries for years to come.