Carro Expands Into Australia With Acquisition of Used-Car Platform CarPlace 
SoftBank Shares Drop as OpenAI Losses and Rising Costs Spark Investor Concerns 
SpaceX Stock Soars After Historic IPO, Reaches $2.5 Trillion Market Value 
Trump Administration Delays DeepSeek and CXMT Trade Blacklist Designations Amid U.S.-China Tensions 
SpaceX Surpasses Amazon in Market Value as Post-IPO Rally Accelerates 
Google Gemini Co-Lead Noam Shazeer Leaves for OpenAI Amid AI Talent Race 
SK Hynix Shares Hit Record High After Shipping Next-Generation HBM4E AI Memory Samples 
US Raises Concerns Over Possible ASML EUV Machine Transfer to China 
OpenAI's $34B Spending Pushes AI Market Leadership Ahead of IPO 
Anthropic Restricts Global Access to AI Models After U.S. Security Review 
Saudi Aramco Explores Sulphur Business Stake Sale to Raise Billions 
Trump Says Anthropic No Longer Seen as National Security Threat 
Chinese Social Media Giant Xiaohongshu Eyes Hong Kong IPO at Over $70 Billion Valuation 
Elon Musk Becomes World's First Trillionaire After SpaceX IPO Surge 
BHP Shares Fall as Jansen Potash Project Costs Surge 
Nvidia is reportedly close to finalizing a $30 billion investment in OpenAI, marking a major shift in the companies’ artificial intelligence partnership. According to a Financial Times report published Thursday, the new deal would replace the previously announced $100 billion long-term commitment agreed upon last year. Sources cited in the report said the agreement could be completed as early as this weekend.
The updated investment would form part of OpenAI’s latest funding round, which aims to raise up to $100 billion and could value the ChatGPT maker at approximately $830 billion. Reuters previously reported in January that OpenAI was seeking significant capital to expand its AI infrastructure and maintain its competitive edge in the rapidly evolving generative AI market.
If finalized, the $30 billion investment from Nvidia would strengthen the strategic relationship between the leading AI chipmaker and one of the world’s most influential artificial intelligence startups. OpenAI is expected to reinvest a substantial portion of the newly raised funds into Nvidia hardware, including high-performance GPUs that power large language models and advanced AI systems. This move underscores Nvidia’s central role in supporting AI development and data center expansion globally.
Despite the revised structure, the companies will reportedly not proceed with the multi-year $100 billion investment partnership announced in September. Nvidia declined to comment on the Financial Times report, and Reuters noted that it was unable to independently verify the details of the agreement.
The potential deal highlights the continued surge in AI investment as companies race to scale generative AI platforms, cloud computing capabilities, and machine learning technologies. With Nvidia dominating the AI chip market and OpenAI leading innovation in conversational AI and large language models, the partnership signals sustained momentum in the artificial intelligence sector and growing investor confidence in AI-driven growth.
