Nvidia (US: NVDA; Chinese: 英偉達) CEO Jensen Huang attended Morgan Stanley’s Technology Conference and announced that Nvidia has just finalized an agreement to invest $30 billion in OpenAI. He predicts that OpenAI will go public before the end of the year. Due to the upcoming IPO, they are no longer considering the $100 billion investment opportunity.
He stated, “If we provide them with the computing power they need, revenue will follow. They will go public before the end of the year. This could be our last chance to invest in such an influential company.”
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AI+NVDA|Ying Renxun: OpenAI will go public by the end of the year and will no longer consider investing 100 billion USD
Nvidia (US: NVDA; Chinese: 英偉達) CEO Jensen Huang attended Morgan Stanley’s Technology Conference and announced that Nvidia has just finalized an agreement to invest $30 billion in OpenAI. He predicts that OpenAI will go public before the end of the year. Due to the upcoming IPO, they are no longer considering the $100 billion investment opportunity.
He stated, “If we provide them with the computing power they need, revenue will follow. They will go public before the end of the year. This could be our last chance to invest in such an influential company.”
Finance Hot Talk
Middle East conflict threatens oil supply. Will oil prices break $100? Could this impact the global economy?