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Nvidia to invest up to $100 billion in OpenAI

CBS News · Just In
CBS News
CBS News
Just In

Chipmaker Nvidia said it would invest up to $100 billion in OpenAI, the developer of ChatGPT, as part of a strategic partnership. CBS MoneyWatch correspondent Kelly O'Grady has more details.

Breakdown
  • Nvidia will invest up to $100 billion in OpenAI, focusing on AI infrastructure. 5s
  • The investment includes supplying high-performance chips and funding new data centers. 9s
  • This move follows Nvidia's recent $5 billion investment in Intel. 13s
  • The partnership is expected to boost the broader AI and chip sector, as reflected in rising stock prices. 1m 29s
  • SoftBank is also involved in related data center projects in Texas. 1m 16s
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