Nvidia's plan to invest up to $100 billion in OpenAI has stalled, WSJ reports


A smartphone with a displayed NVIDIA logo is placed on a computer motherboard in this illustration taken March 6, 2023. REUTERS/Dado Ruvic/Illustration

Jan 30 (Reuters) - Nvidia'splan to invest ‌up to $100 billion in OpenAI to help it train and run its ‌latest artificial-intelligence models has stalled after some inside the chip giant expressed ‌doubts about the deal, the Wall Street Journal reported on Friday.

The chipmaker in September announced plans to invest up to $100 billion in OpenAI in a deal that would have given the ChatGPT maker ‍the cash and access it needs to buy advanced ‍chips that are key to ‌maintaining its dominance in an increasingly competitive landscape.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Tech News

Lucid unveils steering wheel-free robotaxi concept, taking aim at Tesla's Cybercab
US appeals court throws out injunction against California law on children's online safety
Microsoft's Rajesh Jha, head of experiences and devices unit, to retire
Ukraine opens battlefield data access to allies' AI models
SoftBank-backed PayPay shares set to open 38% above IPO price
Exclusive-Italian prosecutors seek trial for Amazon, four execs over alleged $1.4 billion tax evasion
Pentagon CTO says 'no chance' of renewed Anthropic negotiations
Bumble shares surge as investors swipe right on AI-powered reboot
US insurers and hospitals turn to new AI for age-old battle over charges vs payments
Google names London office 'Platform 37' in a nod to railway neighbour, AI 'Go' match

Others Also Read