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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