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Tech industry
from24/7 Wall St.
6 days ago

NVIDIA Live Thursday Updates: Jensen Huang May End $100B OpenAI Investment

NVIDIA CEO Jensen Huang stated the company will likely not proceed with a $100 billion OpenAI investment and plans to reduce future investments in AI frontier model companies.
Venture
from24/7 Wall St.
6 days ago

Nvidia CEO Jensen Huang: $100B OpenAI Deal 'Probably Not in the Cards'

Nvidia CEO Jensen Huang announced the company will invest $30 billion in OpenAI, not the previously discussed $100 billion, citing OpenAI's upcoming IPO as the deadline for private investment opportunities.
from24/7 Wall St.
2 weeks ago

Nvidia Is Building an AI Infrastructure Empire

Nvidia's investment portfolio operated as a modest initiative valued around $230 million two years ago, focusing on smaller companies and chip designers. By the end of 2025, however, the public equity portfolio alone had reached more than $13 billion, according to its 13F filing. This expansion stems directly from cash generated by Nvidia's core GPU sales, particularly in the data center segment, which have driven record revenue.
Artificial intelligence
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