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NVIDIA's stock fluctuated after earnings: Up or down next?
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With a valuation of over 100 billion US dollars, it is rumored that Nvidia has invested in OpenAI.

(New York, 30th) Informed sources revealed that Nvidia has been in talks regarding participation in the financing of OpenAI, and the valuation of this AI startup company is expected to exceed 100 billion US dollars (approximately 432 billion ringgit). $NVIDIA (NVDA.US)$ According to Bloomberg's report, an anonymous source stated that Apple and Microsoft were also in discussions.
and Microsoft $Apple (AAPL.US)$ $Microsoft (MSFT.US)$ Also discussing participation in this round of financing.
Bloomberg reported earlier this week that Thrive Capital will lead this round of financing, with an investment size of approximately $1 billion.
If the negotiations progress, it will mean that the three largest technology giants in terms of market cap are all behind the developer of this groundbreaking ChatGPT chatbot.
Microsoft is already the largest investor in OpenAI, with a stake of approximately $13 billion.
Apple is also connected to OpenAI. The iPhone manufacturer is integrating ChatGPT into its new AI feature suite called Apple Intelligence.
Apple and Microsoft had also intended to have observer seats on the OpenAI board, but they were forced to give up the plan in July due to increased AI anti-monopoly regulation by the U.S. government.
Nvidia is the key infrastructure supplier for developing and operating AI tools such as ChatGPT. It is the largest manufacturer of AI accelerators, and sales of this product have skyrocketed in the past two years.
Representatives from Nvidia, Apple, Microsoft, OpenAI, and Thrive declined to comment.
Source: Nanyang Siang Pau
Disclaimer: This content is for reference and educational purposes only and does not constitute any specific investment advice, investment strategy, or endorsement. Readers should bear any risks and responsibilities arising from reliance on this content. Before making any investment decisions, be sure to conduct your own independent research and assessment, and consult with professional advisors as needed. The author and relevant participants are not responsible for any losses or damages arising from the use or reliance on the information contained in this article.
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《南洋商报》创立于1923年,是马来西亚历史最悠久的中文报纸之一。以财经及商业新闻为主,是商家与投资者必备的新闻资讯平台。
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