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NVIDIA CEO Huang Renxun stated that the $100 billion investment proposed to OpenAI was never a commitment. They invited us to make a investment as high as $100 billion and of course we are very happy and honored to be invited, but we will invest gradually. According to the memorandum of understanding signed in September last year, NVIDIA plans to invest up to $100 billion in OpenAI to support new data centers and other artificial intelligence infrastructure. The deal aims to help OpenAI build data centers with a power generation capacity of at least 10 gigawatts (equivalent to the peak electricity demand of New York City) equipped with NVIDIA's advanced chips for training and deploying artificial intelligence models.
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