Nvidia (NVDA) Stock: CEO Walks Back $100B OpenAI Investment Commitment

TLDR Nvidia CEO Jensen Huang said the chipmaker’s proposed $100B OpenAI investment was never a binding agreement and will proceed incrementally. Huang dismissed Wall Street Journal reports claiming he criticized OpenAI’s business discipline and expressed doubts about the partnership. The CEO confirmed Nvidia will participate in OpenAI’s current funding round with what he called the [...]

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