Nvidia's Jensen Huang says $30 billion investment in OpenAI finalized

OpenAI and Nvidia have had a tense relationship as of late, with OpenAI reportedly unhappy with Nvidia's GPUs and Nvidia's earlier plan to invest $100 billion in the company stalled. In an interview at the Morgan Stanley Technology, Media & Telecom conference, Nvidia CEO Jensen Huang said the company instead finalized an agreement to invest $30 billion.

He said: "So recently, there was a question about 'are we going to invest $100 billion in OpenAI?' Just for everybody's update, we finalized our agreement. We're going to invest $30 billion in OpenAI. I think the opportunity to invest $100 billion in OpenAI is probably not in the cards." $30 billion is still a lot of money, though less than a third of the investment round OpenAI announced just over a week ago.

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