Nvidia Allegedly Close to Finalizing $20 Billion Investment in OpenAI
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 5d ago
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Should l Buy ?
Source: aastocks
Nvidia's Investment in OpenAI: Nvidia is close to finalizing a $20 billion investment in OpenAI as part of the latter's effort to raise up to $100 billion in new financing.
Other Potential Investors: Amazon is in discussions to invest up to $50 billion in OpenAI, while SoftBank is considering an investment of up to $30 billion.
Nvidia CEO's Remarks: Nvidia CEO Jensen Huang confirmed that the investment plan in OpenAI is on track and expressed interest in participating in OpenAI's future IPO.
API Crude Oil Stock Change: The API reported a crude oil stock change of -11.100 million barrels for January 30, significantly lower than the previous value of -0.247 million and against a forecast of 0.7 million.
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
