Nvidia to Invest $100 Billion in OpenAI, Fueling AIโ expansion
SANโฃ FRANCISCO (Februaryโ 22, 2024) – โขNvidia announced today a planned $100 billion investment in OpenAI, the artificial intelligence research and deployment companyโค behind ChatGPT,โ to dramatically expand its computing power and accelerate the advancement โofโข increasingly โsophisticated AI models. The massiveโฃ investment signals a deepening partnership between the two tech giants as demand โขfor AI capabilities surges globally.
openai, founded as a nonprofit in 2015, operates through a unique corporate structure where itsโฃ nonprofit board โฃretains control of a for-profit subsidiary responsible for developing and selling its AI products. This structure is โฃcurrently the subject of a lawsuit โขbrought by Elon Musk, a co-founder who โalleges OpenAI has strayed from โฃits โoriginal mission to develop AI for the benefit of โคhumanity. The investment from โNvidia will be critical to OpenAI’s ability to meet the โคgrowing demands of its 700 million weekly active users and continue innovating in the rapidly evolving AI landscape.
The deal comes as OpenAI faces increasing scrutiny regarding the safety โขof itsโ technologies, particularlyโ forโ young people. Attorneys general from california and Delaware recently expressed โข”serious โฃconcerns” about ChatGPT, citing “deeplyโฃ troubling โคreports of โคdangerous โinteractions” with users, including the โขtragic suicide of a 16-year-old Californian โขfollowing prolonged engagement with an OpenAI chatbot. The boy’s parents filed a lawsuit against โOpenAI and CEO Sam Altman last month.โ
This investment also arrives amid a broader industry push โคtoโ secure access to the specialized chips โneeded to power AI. โขJust last week, Nvidia announcedโ a $5 billion investment in Intel, a competitor struggling to meet โขthe escalating โคdemand for artificial intelligence hardware. โคNvidia’s commitment to OpenAI underscores the criticalโค role of computing infrastructure inโข the future of AI development and deployment.