In a bold strategic pivot, Nvidia is deploying its massive capital reserves directly into its client base. The AI chip leader has committed to a staggering $100 billion investment in OpenAI, its most significant customer, signaling a move beyond mere component supply to becoming a foundational investor in AI development. This high-stakes maneuver has the potential to reconfigure the entire artificial intelligence sector and has already propelled Nvidia's stock toward new peaks.
The announcement of the historic partnership with OpenAI, revealed on Monday, sent Nvidia's valuation soaring close to its record highs. CEO Jensen Huang described the venture as "the largest AI infrastructure project in history," a vision that markets immediately rewarded. The agreement outlines plans to supply a... Read more...