Nvidia CEO Jensen Huang said the latest investments in OpenAI and Anthropic might be the chipmaker's last in those companies. Huang said that the opportunity to invest $100 billion in OpenAI is probably not in the cards as the ChatGPT creator is set to go public later this year.
Nvidia and OpenAI had announced a $100 billion deal in September last year. But both the companies abandoned their $100 billion deal amid doubts about the health of the AI sector. Some analysts had raised concerns about the circular arrangement, as the large investment in Anthropic would have made Nvidia a major investor in one of its biggest customers and the money it would pour into the startup was likely to be spent on its own AI processors.
In view of this, Nvidia later finalized a $30 billion investment in OpenAI, which now as Huang says might be the last time it has the opportunity to "invest in a consequential company like this.
It was reported earlier that OpenAI is laying the groundwork for an IPO that could value the company at up to $1 trillion.
Nvidia's $10 billion investment in Anthropic probably will also be the last as well, Huang added. The startup is reportedly looking to go public this year.
Anthropic, which is embroiled in a dispute with the Pentagon, has said it has not finalized an IPO decision.
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