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Nvidia CEO Signals End Of OpenAI Investments
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At the Morgan Stanley Technology, Media & Telecom Conference on Wednesday, Nvidia CEO Jensen Huang said the company's $30 billion investment in OpenAI 'might be the last time' before the startup's planned public offering late this year. He noted the earlier $110 billion funding round included $50 billion from Amazon and $30 billion from SoftBank. Huang also indicated Nvidia's $10 billion stake in Anthropic is likely final.
Scoring Rationale
Strong official disclosure about Nvidia's strategic funding posture and OpenAI IPO prospects, limited by brief, shallow reporting.
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