OpenAI deal train arrives at Nvidia: All we know so far

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A $100-billion deal between chipmaking giant Nvidia and Sam Altman’s OpenAI is the latest in a string of deals between major technology companies in recent days.

Both companies have been crucial to the burgeoning artificial intelligence (AI) sector — Nvidia chips are critical to data centres used to train and run AI models, while OpenAI is one of the forerunners in the field.

The deal between the two companies will help OpenAI secure much-needed compute, as it rushes to achieve superintelligence for its models. Nvidia can reap the dividends from…



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OpenAI deal train arrives at Nvidia: All we know so far



A $100-billion deal between chipmaking giant Nvidia and Sam Altman’s OpenAI is the latest in a string of deals between major technology companies in recent days.

Both companies have been crucial to the burgeoning artificial intelligence (AI) sector — Nvidia chips are critical to data centres used to train and run AI models, while OpenAI is one of the forerunners in the field.

The deal between the two companies will help OpenAI secure much-needed compute, as it rushes to achieve superintelligence for its models. Nvidia can reap the dividends from…



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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