Nvidia is in talks to invest up to $30B in OpenAI, source says (www.cnbc.com)

Nvidia is reportedly in talks to invest up to $30 billion in OpenAI, potentially valuing the AI startup at a staggering $730 billion pre-money. This investment would be separate from a previously announced $100 billion infrastructure agreement that outlines Nvidia's financial support to OpenAI over several years as it establishes new supercomputing facilities. Unlike earlier investments, this new funding round is not tied to specific deployment milestones, which underscores Nvidia's commitment to OpenAI's future growth independent of immediate performance metrics. This investment carries significant implications for the AI and machine learning community, bolstering OpenAI's already prominent position in the field and potentially accelerating its research and development efforts. The funding discussions are advancing amid uncertainty regarding the earlier infrastructure deal, with CEO Sam Altman and Nvidia's Jensen Huang both trying to mitigate concerns about potential rifts. As OpenAI also explores fundraising with other strategic investors like Amazon and Microsoft, the overall funding round could reach close to $100 billion, indicating a vibrant investment landscape for AI advancement.