🤖Nvidia is set to complete a $30 billion investment in OpenAI

According to the Financial Times, Nvidia is about to finalize a $30 billion investment in OpenAI.

This is to replace the $100 billion long-term investment commitment that the two companies announced last year but did not complete, and is part of a new round of large-scale financing for OpenAI.

Insiders have revealed that negotiations have entered the final stages, and the investment could be completed as early as this weekend.

OpenAI's new round of financing is expected to raise over $100 billion, which will value it at $730 billion, not including the new funds raised this time.

OpenAI will reinvest most of the incremental funds into purchasing Nvidia hardware.