It will be investing $30 billion, though. Pocket change for Nvidia, surely.

When you purchase through links on our site, we may earn an affiliate commission. Here’s how it works.
Keep up to date with the most important stories and the best deals, as picked by the PC Gamer team.
You are now subscribed
Your newsletter sign-up was successful
Want to add more newsletters?
Every Friday
GamesRadar+
Your weekly update on everything you could ever want to know about the games you already love, games we know you're going to love in the near future, and tales from the communities that surround them.
Every Thursday
GTA 6 O'clock
Our special GTA 6 newsletter, with breaking news, insider info, and rumor analysis from the award-winning GTA 6 O'clock experts.
Every Friday
Knowledge
From the creators of Edge: A weekly videogame industry newsletter with analysis from expert writers, guidance from professionals, and insight into what's on the horizon.
Every Thursday
The Setup
Hardware nerds unite, sign up to our free tech newsletter for a weekly digest of the hottest new tech, the latest gadgets on the test bench, and much more.

Every Wednesday
Switch 2 Spotlight
Sign up to our new Switch 2 newsletter, where we bring you the latest talking points on Nintendo's new console each week, bring you up to date on the news, and recommend what games to play.
Every Saturday
The Watchlist
Subscribe for a weekly digest of the movie and TV news that matters, direct to your inbox. From first-look trailers, interviews, reviews and explainers, we've got you covered.
Once a month
SFX
Get sneak previews, exclusive competitions and details of special events each month!
OpenAI and Nvidia have had a tense relationship as of late. OpenAI is reportedly not very happy with Nvidia's GPUs, and Nvidia's plan to invest $100 billion in the company has stalled. Recently, in an interview with Nvidia CEO Jensen Huang at the Morgan Stanley Technology, Media & Telecom conference, he announced that OpenAI would instead be getting $30 billion.
He said: "So recently, there was a question about 'are we going to invest $100 billion in OpenAI?' Just for everybody's update, we finalized our agreement. We're going to invest $30 billion in OpenAI. I think the opportunity to invest $100 billion in OpenAI is probably not in the cards."
The reasoning he gives here is that OpenAI is going public and he believes "the revenues will more than follow" if OpenAI continues to get computer power from Nvidia. He says, "This might be the last time we'll have the opportunity to invest in a consequential company like this."
That investment is one that would give Nvidia some ownership, but the partnership with Nvidia to buy its stock will also benefit the gaming company long-term. Effectively, Nvidia doesn't need to invest more as it doesn't have to.
On that same note, Nvidia said: "Our $10 billion investment in Anthropic probably will be the last as well." Huang goes on to talk about Nvidia's role in the AI boom, adding, "We expanded OpenAI's reach of capacity to AWS. We're ramping AWS like mad. We're ramping them as hard as we can so that OpenAI has accessed even more capacity."
$30 billion is still a lot of money, though less than a third of the investment round OpenAI announced just over a week ago. Nvidia is the most valuable company in the world thanks to its efforts in the rapid growth of AI, and that growth is what's stopping you from buying memory at a reasonable price.
This is to say, even if Nvidia isn't investing as much as one thought it would just a little while ago, the AI industry shows no sign of slowing down. Nvidia has also taken a pretty wide swing, when it comes to which companies it is throwing its support behind; it wouldn't invest so much cash if it didn't think it would get it back.
Keep up to date with the most important stories and the best deals, as picked by the PC Gamer team.
1. Best gaming laptop: Razer Blade 16

2. Best gaming PC: HP Om...Read more: Full article on www.pcgamer.com
What do you think about this?

When you purchase through links on our site, we may earn an affiliate commission. Here’s how it works.
Keep up to date with the most important stories and the best deals, as picked by the PC Gamer team.
You are now subscribed
Your newsletter sign-up was successful
Want to add more newsletters?
Every Friday
GamesRadar+
Your weekly update on everything you could ever want to know about the games you already love, games we know you're going to love in the near future, and tales from the communities that surround them.
Every Thursday
GTA 6 O'clock
Our special GTA 6 newsletter, with breaking news, insider info, and rumor analysis from the award-winning GTA 6 O'clock experts.
Every Friday
Knowledge
From the creators of Edge: A weekly videogame industry newsletter with analysis from expert writers, guidance from professionals, and insight into what's on the horizon.
Every Thursday
The Setup
Hardware nerds unite, sign up to our free tech newsletter for a weekly digest of the hottest new tech, the latest gadgets on the test bench, and much more.

Every Wednesday
Switch 2 Spotlight
Sign up to our new Switch 2 newsletter, where we bring you the latest talking points on Nintendo's new console each week, bring you up to date on the news, and recommend what games to play.
Every Saturday
The Watchlist
Subscribe for a weekly digest of the movie and TV news that matters, direct to your inbox. From first-look trailers, interviews, reviews and explainers, we've got you covered.
Once a month
SFX
Get sneak previews, exclusive competitions and details of special events each month!
OpenAI and Nvidia have had a tense relationship as of late. OpenAI is reportedly not very happy with Nvidia's GPUs, and Nvidia's plan to invest $100 billion in the company has stalled. Recently, in an interview with Nvidia CEO Jensen Huang at the Morgan Stanley Technology, Media & Telecom conference, he announced that OpenAI would instead be getting $30 billion.
He said: "So recently, there was a question about 'are we going to invest $100 billion in OpenAI?' Just for everybody's update, we finalized our agreement. We're going to invest $30 billion in OpenAI. I think the opportunity to invest $100 billion in OpenAI is probably not in the cards."
The reasoning he gives here is that OpenAI is going public and he believes "the revenues will more than follow" if OpenAI continues to get computer power from Nvidia. He says, "This might be the last time we'll have the opportunity to invest in a consequential company like this."
That investment is one that would give Nvidia some ownership, but the partnership with Nvidia to buy its stock will also benefit the gaming company long-term. Effectively, Nvidia doesn't need to invest more as it doesn't have to.
On that same note, Nvidia said: "Our $10 billion investment in Anthropic probably will be the last as well." Huang goes on to talk about Nvidia's role in the AI boom, adding, "We expanded OpenAI's reach of capacity to AWS. We're ramping AWS like mad. We're ramping them as hard as we can so that OpenAI has accessed even more capacity."
$30 billion is still a lot of money, though less than a third of the investment round OpenAI announced just over a week ago. Nvidia is the most valuable company in the world thanks to its efforts in the rapid growth of AI, and that growth is what's stopping you from buying memory at a reasonable price.
This is to say, even if Nvidia isn't investing as much as one thought it would just a little while ago, the AI industry shows no sign of slowing down. Nvidia has also taken a pretty wide swing, when it comes to which companies it is throwing its support behind; it wouldn't invest so much cash if it didn't think it would get it back.
Keep up to date with the most important stories and the best deals, as picked by the PC Gamer team.
1. Best gaming laptop: Razer Blade 16

2. Best gaming PC: HP Om...Read more: Full article on www.pcgamer.com
What do you think about this?