Odaily Planet News: NVIDIA CEO Jensen Huang stated, "The company's proposed $10 billion investment in OpenAI was never a commitment. They invited us to make an investment of up to $10 billion, and of course, we are very pleased and honored to have been invited. However, we will proceed with the investment gradually." According to a letter of intent signed in September last year, NVIDIA plans to invest up to $10 billion in OpenAI to support new data centers and other AI infrastructure. The deal aims to help OpenAI build data centers with a power generation capacity of at least 10 gigawatts (equivalent to New York City's peak electricity demand), equipped with NVIDIA's advanced chips for training and deploying AI models. (Jinshi)
NVIDIA's Huang: OpenAI Invited Us to Make an Investment of up to $10 Billion
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NVIDIA CEO Jensen Huang confirmed that the company is considering a $10 billion investment in OpenAI, as outlined in a term sheet signed in September 2025. The funding will support new data centers and AI infrastructure, including facilities with at least 10 gigawatts of power. Market observers are now closely watching inflation data for indications of how such large-scale technology investments might influence broader economic trends. Meanwhile, new token listings on major exchanges continue to attract attention from traders and investors.
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