At the Morgan Stanley Technology, Media, and Telecom conference in San Francisco on Wednesday, Jensen Huang said Nvidia is likely done investing in AI giants OpenAI and Anthropic.
The $30 billion investment it just finalized into OpenAI was a steep drop from the $100 billion deal announced last September, and will likely be the last check. Same for the $10 billion it put into Anthropic in November.
The official reason sounds clean: Both companies appear to be heading toward IPOs later this year, and private deals of this nature close once that window opens.
Nvidia Is Probably Done Investing in OpenAI and Anthropic, Says CEO-Why?
