Nvidia CFO says chipmaker yet to finalize $100 billion OpenAI deal

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Nvidia CFO says chipmaker yet to finalize 0 billion OpenAI deal
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Nvidia’s agreement with ChatGPT parent OpenAI to invest up to $100 billion in the startup is still not finalised, the chipmaker’s chief financial officer, Colette Kress, said on Tuesday at the UBS Global Technology and AI Conference in Arizona.

Kress’s comments add to the intensifying discussion around a partnership that ties two of the most significant players in the artificial intelligence race and is at the centre of rising concerns around circular deals in the AI ecosystem.

The world’s most valuable company in September unveiled a letter of intent…



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Nvidia CFO says chipmaker yet to finalize $100 billion OpenAI deal

, Published By CNBCTV
Nvidia CFO says chipmaker yet to finalize 0 billion OpenAI deal
TechWorld News


Nvidia’s agreement with ChatGPT parent OpenAI to invest up to $100 billion in the startup is still not finalised, the chipmaker’s chief financial officer, Colette Kress, said on Tuesday at the UBS Global Technology and AI Conference in Arizona.

Kress’s comments add to the intensifying discussion around a partnership that ties two of the most significant players in the artificial intelligence race and is at the centre of rising concerns around circular deals in the AI ecosystem.

The world’s most valuable company in September unveiled a letter of intent…



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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