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‘Not finalised’: Nvidia CFO says chipmaker still working on $100 billion deal with ChatGPT-maker OpenAI

Nvidia’s CFO, Colette Kress, stated that the chipmaker’s potential $100 billion investment in OpenAI is still under discussion and not yet finalized. This significant partnership, intended to supply OpenAI with substantial compute capacity, is not included in Nvidia’s existing $500 billion chip bookings. Concerns about circular investments have arisen due to similar deals with competitors like Anthropic.

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