NVIDIA’s plans to invest up to $100 billion in OpenAI have slowed down, after internal concerns emerged at the chipmaker, according to industry reports.
The proposed investment, first discussed last September, was expected to help OpenAI fund the training and operation of its next-generation AI models, while also securing access to NVIDIA’s high-end chips.
However, people familiar with the matter told the Journal that the structure and scale of the partnership are now being reconsidered.
Much smaller equity investment
Current talks reportedly focus on a much smaller equity investment, potentially worth tens of billions of dollars, as part of OpenAI’s ongoing fundraising efforts. The uncertainty comes as major tech companies and global investors race to secure closer ties with OpenAI, which is spending heavily on data centres to support its rapidly growing AI models.
SoftBank Group is among the groups exploring deeper partnerships, while Amazon is reportedly in discussions to invest up to $50 billion.
OpenAI is currently seeking to raise up to $100 billion in fresh funding, a move that could value the company at around $830 billion.
