Until recently, it was believed that Nvidia would invest the promised $100 billion in OpenAI's capital, but later the terms of the deal were revised in favor of a one-time investment of $30 billion. This week, the founder of the first of the companies, Jensen Huang, even stated that this investment in OpenAI’s capital may have been the last, and that there is no point in competitor Anthropic counting on additional investments.
"I don't think the possibility of investing $100 billion in OpenAI is on the table. So this could very well be the last opportunity to invest in a company as important as this one," stressed Nvidia CEO, adding that OpenAI could go public before the end of this year. Last month, Nvidia invested $30 billion in OpenAI, along with several other strategic investors. Following the recent funding round, OpenAI's market capitalization rose to $730 billion.
Although Nvidia has reduced its funding for OpenAI, it has no disappointment in the startup, as Jensen Huang made clear in late January. At a Morgan Stanley conference this week, he added that Nvidia's recent $10 billion investment in Anthropic could be its last investment of this size for the AI startup. Like OpenAI, Anthropic is also hoping to go public.
Huang dismissed investor concerns about an AI bubble, citing the profit-generating nature of related technologies for companies like Microsoft. Computing power is currently holding back profit growth in this area, as Nvidia's CEO emphasized. If they had three times the computing power, their revenue would be three times higher, Huang concluded. According to Nvidia's CEO, chip design software providers like Synopsys and Cadence will begin to increase their importance to the entire industry during the AI boom. The industry, he added, is currently at the very beginning of a major growth cycle. Huang is very pleased with his company's revenue for the last quarter.
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Source: 3dnews.ru
