Nvidia to invest $100 billion in OpenAI for data centre development

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Synopsis

The companies unveiled a letter of intent for a landmark strategic partnership to deploy at least 10 gigawatts of Nvidia chips for OpenAI’s AI infrastructure.

Image for Nvidia to invest $100 billion in OpenAI for data centre developmentAP
Jensen Huang, CEO of Nvidia
Chipmaker Nvidia plans to invest up to $100 billion in artificial intelligence startup OpenAI under a new agreement, the companies said on Monday.

The partnership comes as competition intensifies among technology giants and startups to secure access to energy and chips needed for AI growth.

The companies unveiled a letter of intent for a landmark strategic…



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Nvidia to invest $100 billion in OpenAI for data centre development


Synopsis

The companies unveiled a letter of intent for a landmark strategic partnership to deploy at least 10 gigawatts of Nvidia chips for OpenAI’s AI infrastructure.

Image for Nvidia to invest $100 billion in OpenAI for data centre developmentAP
Jensen Huang, CEO of Nvidia
Chipmaker Nvidia plans to invest up to $100 billion in artificial intelligence startup OpenAI under a new agreement, the companies said on Monday.

The partnership comes as competition intensifies among technology giants and startups to secure access to energy and chips needed for AI growth.

The companies unveiled a letter of intent for a landmark strategic…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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