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    Jensen Huang’s NVIDIA To Invest $100 Billion In Sam Altman’s OpenAI: Here Is Why

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    By Nishit Singh Raghuwanshi

    Copyright timesnownews

    Jensen Huang's NVIDIA To Invest $100 Billion In Sam Altman's OpenAI: Here Is Why

    Looks like Sam Altman’s OpenAI has got a new partner as NVIDIA has agreed to invest a whopping $100 billion in the former’s artificial intelligence infrastructure. This deal will let OpenAI boost its computing power by establishing new data centres consisting of highly-advanced NVIDIA chips. A report published by Bloomberg suggested that the two firms have already signed the letter of intent to take the plan forward. Individuals involved in the discussions have told that the investment will be released in multiple stages, beginning with $10 billion, with which OpenAI is set to deploy its first gigawatt of computing power to use. Apart from that, it has also been revealed that NVIDIA will get equity in OpenAI for the deal. With this project, the aim is to develop data centres with a combined capacity of 10 gigawatts. These centres will be used for training and running OpenAI’s large AI models. OpenAI CEO Sam Altman’s Take On The Matter Sam Altman is all praises for the partnership and he said, “Everything starts with compute. Compute infrastructure will be the basis for the economy of the future, and we will utilise what we’re building with Nvidia to both create new AI breakthroughs and empower people and businesses with them at scale.” Why This Partnership Is Important For Both OpenAI And NVIDIA? Currently, OpenAI’s ChatGPT caters to around 700 million people per week. This kind of operations needs a lot of power and computing resources. So, it is safe to say that OpenAI needs an enormous amount of capital for the computing resources. Also Read: Delhi To Get India’s First OpenAI Office: ChatGPT Makers Start Hiring For Local Team As for NVIDIA, this alliance works as a strengthening factor to the already solid position of NVIDIA in the AI market. Now, bringing OpenAI to the table will only work in favour of NVIDIA as the share prices of the same have already started jumping high right after the news came into light. Get Latest News live on Times Now along with Breaking News and Top Headlines from Technology Science and around the world.

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