Nvidia CEO Jensen Huang confirmed plans to invest in OpenAI’s next fundraising round and potential IPO, following recent reports of a stalled deal. The chipmaker had announced a $100 billion investment in the startup last September, with Huang calling it the “largest private round ever raised in history.” OpenAI is seeking up to $100 billion in funding, valuing the company at around $830 billion. However, OpenAI has expressed dissatisfaction with Nvidia’s latest AI chips and has been seeking alternatives since last year. Both companies have not yet commented on the situation.
Read more at Yahoo Finance: Nvidia will consider investing in OpenAI IPO, Huang tells CNBC
