Individuals with in - depth knowledge of the situation have disclosed that Nvidia initially had grand plans to pour up to $100 billion into OpenAI. This substantial investment was aimed at bolstering OpenAI's efforts in training and running its cutting - edge AI models. Nevertheless, the collaboration pact has ground to a halt, primarily due to concerns voiced by certain figures within Nvidia.
Back in September of the previous year, the two tech giants made an official announcement regarding their partnership and inked a memorandum of understanding. At that time, it was anticipated that the negotiation process would wrap up within a matter of weeks. However, since then, there has been a notable lack of significant progress.
At present, both parties are engaged in negotiations centered around Nvidia's proposed equity investment, which amounts to tens of billions of dollars, as part of OpenAI's ongoing funding round. Jensen Huang, the CEO of Nvidia, clarified that the original agreement was non - binding. Moreover, both Nvidia and OpenAI have expressed their keenness to continue collaborating in the future.
