Chipmaker Nvidia invests $100 billion in OpenAI?

VTV.vn - Nvidia plans to invest up to 100 billion USD in OpenAI, helping to expand ChatGPT's operating infrastructure and consolidate the leading position of the two "giants" in the global AI race.

(Illustration photo: Bloomberg/Getty Images).

OpenAI, ChatGPT's parent company, is expected to receive up to $100 billion in investment from chip giant Nvidia, cementing the two companies' position as leaders in the race to build artificial intelligence systems that can transform the economy and society.

The companies said the move will allow OpenAI to expand the data center network needed to run ChatGPT, which reached 700 million weekly global users in August. This will require an additional 10 gigawatts of power, equivalent to the consumption of about 8 million households. No specific timetable for the increased power output has been announced.

“This is a massive project,” Nvidia CEO Jensen Huang said during a joint appearance on CNBC with OpenAI CEO Sam Altman and company president Greg Brockman.

The investment is a bet that the current capabilities of the company's artificial intelligence (AI) products — and the financial returns from them — can be significantly improved, Mr. Altman said.

“There are three things that OpenAI has to do well. We have to do excellent AI research. We have to create products that people want to use. And we have to figure out how to solve this unprecedented infrastructure challenge,” he said.

The news sent stocks to new highs despite mounting evidence of a broader economic slowdown, according to NBC News on September 22. Nvidia shares rose more than 3% — or about $200 billion — following the announcement, further cementing the company’s status as the world’s most valuable public company, now worth nearly $4.5 trillion.

The S&P 500 rose more than 0.3% on Monday, hitting a new record high. The Dow Jones Industrial Average rose about 0.1%, while the Nasdaq rose 0.6%.

Bets on AI continue to drive investors to stocks even as signs of economic stress grow. The Federal Reserve announced its first interest rate cut of 2025 last week amid signs of a weakening job market.

Source: https://vtv.vn/nha-san-xuat-chip-nvidia-dau-tu-100-ty-usd-vao-openai-1002509230923067.htm